Additional benefits may aid in the parent or other cosigners being able to aid in teaching the student about financial independence. This is an essential thing for when the student gets out on their own away from any guardians. This is a good thing for someone looking to be out on their own to begin to know how to handle things like having debt to pay for something worthwhile. The final benefit falls in the category of helping the student gain fiscal discipline and responsibility. This is a lesson that many students will need to learn before stepping out on their own without the aid of anyone else. However, a lot of students with student loans without a cosigner are faced with learning and finding ways to handle the money on their own.
Source: http://www.mastriunfos.net/finance/financial-responsibility-of-student-loans-with-cosigners/
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