By swimmonster81 - 25/12/2015 21:22
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At least she spent it on you? Still a pretty thoughtless thing to do
You do know that since its their student loans, they technically have to pay them, right?
It says WE that means multiple people besides herself
Which she's paying for, right? If not, that's a total bitch move.
There is no money left in there
Fraud at its finest
I hope she's the one who's repaying for that, simple, non expensive presents would've been fine.
Kick her in the teeth
Well it looks like your fam should be thanking you for the gifts not her
Damn. I hope she doesn't expect you to pay back the extra money she took out.
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.
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.
Everyone gets a bit of a "change check", which I'm pretty sure wouldn't be viewed as fraudulent. Just sayin'
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 my check soon, I need 5 grand, me n' my kids are going to Disney World." Litterally, and proud as hell, like "Well at least I'm rewarding my kids."
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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Which she's paying for, right? If not, that's a total bitch move.
Well make sure to take some extra money out of her purse