<prompt> Human: I am a undergrad in my final year of college, and over the past few years my older brother has fallen deep into debt and ruined his credit score. He is currently applying to law schools and must take loans to cover the 54,000 per year. He can not get a loan with his poor credit, and I am the only family member available to co-sign. I am wary to say the least, and Im not entirely sure what this means for me if he were to fail his payments. Can this potentially ruin my financial future?Additional info:I might also need to take loans of my own for grad school next year.I have no savings and no job at the moment. Currently just living off financial aid at school.  <response>: With no income or assets you are very likely not a qualified co-signer. Regardless though you should not do this. 