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student loans will be in the name of the student, so OP will have to pay it back. OP is basically paying for everyone's gifts. A total dick move on mom's part

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Not entirely true. My husband needed $32,000 in student loans and he's only paying for $10,000 of that, the rest are in his parents' name.

As long as she's the one repaying the loans, there's nothing illegal or unethical about it. However, I would definitely not learn money management from her. That bill will come due and you cannot default on student loans.

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Actually, there is. Student loans often have a different interest rate, because they are intended for educational use. Depending on what kind of loan those student loans are, purposely over-borrowing for non-educational purposes could be considered fraud.

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Everyone gets a bit of a "change check", which I'm pretty sure wouldn't be viewed as fraudulent. Just sayin'

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Could be. Theoretically. In reality I worked in a financial aid office at my local community college, and, well there's a certain class of person that has no shame at all in using financial aid for whatever they damned well please. And there's an even lower life-form that will drop all their classes after their re-fund comes through (because fin. aid refunds can be dispersed in cash). We a not legally able to investigate their use of funds. It's a violation of privacy. "Well I better get

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My loans have an 11% interest rate, if my parents took the loan they get an 9% one. Thats why parents take out the loans.

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