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Old 04-29-2014, 12:02 PM
 
14 posts, read 15,708 times
Reputation: 20

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I already know the answer, but still thought I would run it up the flagpole.

I have dated my 47 year old gf for almost 15 months. She is a bright girl but never finished college and because of that her income earning prospects are rather dim and she has trouble finding stable work at a decent wage. It also doesn't help that she is a recovering alcoholic. Not an extreme drunk, but she is fairly neurotic and I'm sure that's a reason she can't get stable work. I'm sure she grates on people's nerves.

She wants to go back to finish college and will get the full amount of government aid and student loans available, which will be about $18,000 dollars a year. But she needs more to live on and wants me to cosign on a private loan.

Her parents are divorced, her mother has nothing. Her father sounds like he does okay and her unmarried sister is a doctor. She doesn't think they will cosign for her and she has been pressuring me to cosign for her.

I told her no, but I would think about it. I'm leaning against it but she is still giving me a guilt trip. I want her to do well in life, but I don't want to be stuck staring at an endless money pit either.

I can afford to eat $10,000, but I'm not a charity.

Comments?

P.S. Because she is a bit neurotic and I am a smartass, our relationship has been a bit tumultuous. I always tell her that if she could string more than two days in a row of being nice, I would have a heart attack. Definitely some anger management problems.

Last edited by StutteringJohn; 04-29-2014 at 12:12 PM..
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Old 04-29-2014, 12:03 PM
 
Location: SoCal again
20,764 posts, read 19,972,298 times
Reputation: 43163
No
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Old 04-29-2014, 12:03 PM
 
1,194 posts, read 1,399,611 times
Reputation: 4102
Definitely.
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Old 04-29-2014, 12:04 PM
 
Location: SoCal again
20,764 posts, read 19,972,298 times
Reputation: 43163
Oh, now I actually read more than the headline.

I read it all and need to revise my answer to HELL NO!!!!!!
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Old 04-29-2014, 12:05 PM
 
Location: Scottsdale, AZ
16,960 posts, read 17,339,729 times
Reputation: 30258
Absolutely not.
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Old 04-29-2014, 12:06 PM
 
27,957 posts, read 39,779,820 times
Reputation: 26197
No way. Never. Don't do it.
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Old 04-29-2014, 12:06 PM
 
2,777 posts, read 1,781,338 times
Reputation: 2418
No.
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Old 04-29-2014, 12:07 PM
 
Location: Terra
2,826 posts, read 3,991,242 times
Reputation: 3374
Not sure if serious.
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Old 04-29-2014, 12:08 PM
 
4,078 posts, read 5,414,746 times
Reputation: 4958
Quote:
Originally Posted by StutteringJohn View Post
I already know the answer, but still thought I would run it up the flagpole.

I have dated my 47 year old gf for almost 15 months. She is a bright girl but never finished college and because of that her income earning prospects are rather dim and she has trouble finding stable work at a decent wage. It also doesn't help that she is a recovering alcoholic. Not an extreme drunk, but she is fairly neurotic and I'm sure that's a reason she can't get stable work. I'm sure she grates on people's nerves.

She will get the full amount of government aid and student loans available, which will be about $18,000 dollars a year, but needs more to live on and wants me to cosign on a private loan.

Her parents are divorced, her mother has nothing. Her father sounds like he does okay and her unmarried sister is a doctor. She doesn't think they will cosign for her and she has been pressuring me to cosign for her.

I told her no, but I would think about it. I'm leaning against it but she is still giving me a guilt trip. I want her to do well in life, but I don't want to be stuck staring at an endless money pit either.

I can afford to eat $10,000, but I'm not a charity.

Comments?

P.S. Because she is a bit neurotic and I am a smartass, our relationship has been a bit tumultuous. I always tell her that if she could string more than two days in a row of being nice, I would have a heart attack. Definitely some anger management problems.
Given the level of neuroticism and passive-aggressive behavior on both your parts indicates to me your relationship isn't very stable.

I wouldn't co-sign on any student loans with her.

School loans are unforgiveable.
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Old 04-29-2014, 12:08 PM
 
Location: Huntersville/Charlotte, NC and Washington, DC
26,699 posts, read 41,742,544 times
Reputation: 41381
Finance employee here: NO! NO! HELL NO!
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