Co-Signing a Student Loan? Be Prepared to Pay

Some 49 percent of private student loan cosigners over age 50 end up paying some of that debt.

A graduating student at the University of California San Diego in San Diego, Calif., on June 17, 2017. Mike Blake/Reuters

NEW YORK—Is your college-bound child a good credit risk?

Consider this very carefully before co-signing a private student loan.