By swimmonster81 - 25/12/2015 21:22

Today, my mother told me how she managed to afford all of the expensive Christmas presents we got. She took out extra money when applying for my student loans. FML
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Top comments

Bricktothehead 21

Which she's paying for, right? If not, that's a total bitch move.

238 2
KhaleesiDannie 26

Well make sure to take some extra money out of her purse

162 7

Comments

echarlotte 19

At least she spent it on you? Still a pretty thoughtless thing to do

3 64
Chadica 17

You do know that since its their student loans, they technically have to pay them, right?

17 0
Ideastogetback 11

It says WE that means multiple people besides herself

2 1
Bricktothehead 21

Which she's paying for, right? If not, that's a total bitch move.

238 2
RedPillSucks 31

student loans will be in the name of the student, so OP will have to pay it back. OP is basically paying for everyone's gifts. A total dick move on mom's part

32 2
Denise1988 13

Not entirely true. My husband needed $32,000 in student loans and he's only paying for $10,000 of that, the rest are in his parents' name.

10 2
KhaleesiDannie 26

Well make sure to take some extra money out of her purse

162 7
epicx22 22

I hope she's the one who's repaying for that, simple, non expensive presents would've been fine.

18 2
shanson 22

Well it looks like your fam should be thanking you for the gifts not her

16 2
LPac5295 27

Damn. I hope she doesn't expect you to pay back the extra money she took out.

9 2
TeacherTeacher 11

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.

22 3
PhoenixChick 26

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.

17 1
edmunson 22

Everyone gets a bit of a "change check", which I'm pretty sure wouldn't be viewed as fraudulent. Just sayin'

1 3
JebMcdeber 11

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."

1 1
savagetitan 13

You could do the responsilbe thing and get your own student loans. I'm just saying.

5 32
RedPillSucks 31

it's not unusual for parents to apply for the loan on behalf of the student.

14 2
hellphone_fml 37

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.

18 0