Dad took out $65K in student loans for his daughter's college degree behind her back: 'I graduated in 2018 and had $30K in federal loans under my name. Am I now on the hook for this 90k?'

The question of who should pay for college looms large over many families. It's all too common for parents to be financially unable to save enough money for their kids to go to college, forcing them to either take out student loans or secure the best scholarship possible.

Some parents put the responsibility of paying for college solely on their kids, and that's certainly one way of doing it. Other parents decide to take out a parent-PLUS loan in their name, so that they can take on some of the cost that they wish they could've paid for up-front. PLUS loans tend to carry a higher interest rate than federal student loans taken out by students themselves, so parents are more likely to spend more if they take out such a loan for their kids. Nothing is worse for interest rates than taking out private loans, so if a parent or college student can avoid doing that, they'll be in a better position after the student graduates. If only college degrees weren't so expensive, maybe people wouldn't need to go into debt to pay for it.

via Chichi Onyekanne

_{Image is representative only and does not depict the actual subjects of the story.}
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The woman in this story took out federal student loans for herself, but she didn't know that her dad also took out a Parent PLUS loan for $65K to pay for her college education. Now that he's passed away, she's unsure about whether she has to pay it off or not.
My dad took loans out for my college without telling me and then passed away, leaving me 90k I didn’t know about.

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