This is a true story about a friend of mine's son who is a Junior in College.  He has lived on campus the last three years and in addition to federal loans received private loans under his own signature.  Due to a divorce situation, Mom is not in a position to co-sign and was denied a PLUS loan.  Now as he gets ready for his senior year, they are in a panic.  The loan that they got the last three years is no longer offered by that lender.  I don't know of a loan program for a student who is 20 and not working to get a private loan without a co-signor.  The only option may be Grandfather who is on a fixed income.  The family is looking at having him transfer to a school close to home, move home, get a job and go part time.  He is committed to graduate but THEY are really concerned about how to pay for the final 2 years.  I wonder how many other families are in a similar position due to credit problems and no home or mortgage is now upside down.  Anyone out there have any solutions?