Parent loans are 'fraught with peril' as default rates hit 30, 40 percent at many colleges

Contributing sentiments towards policy:

49% : Phil Bender, still sitting on $300,000 in student loans in Florida, is also wondering what he could have done differently. "
47% : "The result is that some parents are on the hook for debt most lenders never would have granted in the first place," says Sandy Baum, a senior fellow at the Urban Institute's Center on Education Data and Policy and author of Student Debt: Rhetoric and Realities of Higher Education Financing.
45% : It reported that a large portion struggle to pay basic living expenses and are more likely than same-aged people without student loans to skip going to the doctor or dentist or buying prescription drugs because they cannot afford it.

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