Do you guys remember, it was either earlier this year or last year, a woman w/an antique business had a fire & lost everything. She had been in business for 20 years & had NO insurance. So of course they did a news story on her plight & boo-hooed about it & asked for help for her. GIVE ME A FRICKIN BREAK!
The mindset these days is that you should be absolved of any obligation or responsibility when things don't go your way. Here's a recent article where a mother put a petition online (these absurd online petitions are another subject I could really go off on) to put pressure on a loan company to forgive her son's student loan because he died at age 24, and since she was a cosigner she is on the hook for it.
Two federal student loans were forgiven (of course) and she thinks the private loan company should leave her alone. The petition reads in part, "I'm horrified at your institution’s practice of hounding a dead student’s family for repayment of student loans he'll never get a chance to use." That's totally ludicrous. She signed a contract, but that means nothing today.
That isn't the only case. I read a similar one a short time ago where the parents of a college junior, who died in a car accident, created a Facebook page to browbeat Bank of America into forgiving their daughter's student loan, because she didn't even graduate from college and died so tragically. It actually worked since the page got tens of thousands of "likes" and Bank of America caved to avoid the bad publicity.
We live in the bizarro world today. Many college kids really believe that if for any reason they drop out or don't finish college, or even if they can't find a good job after graduation, they shouldn't have to pay back student loans. That's what most of the occupy everything movement was really about.