We have a few kids with significant Federal and private student loan debt. Since we are co-signers on most of these, the Feds can come after us if something happens to them. The worst thing I can think of is to lose a son or daughter and have the Fed at the same time hounding you to pay off their student loans!
I think this is just wrong but ... that's another discussion.
With significant student debt out there, I feel we are exposed. If we retire and something bad happens, we could be in real trouble.
Does anyone else think of this?