<prompt> Human: My friend and I are both 21, seniors in college. His parents never supported him financially too much; they saved no money for his college tuition or living expenses, and they have credit so bad that they cannot cosign student loans for him. Up until now hes had his grandpa cosign his loans, but a couple weeks ago he abruptly decided to stop. Now he cant get approved for any student loans and thus cant fund his degree, meaning he has a full degrees worth of debt without any benefit. The worst part is his program is really competitive, and as a result if he drops out theyll never accept him back in the program, making the past few years a waste.On the other hand, I am in an excellent financial position; my parents saved up enough to pay most of my tuition, Ive funded the rest with FASFA which dont require cosigners, Ive even paid down a little bit of the interest on my unsubsidized loans, Ive been a cosigner on my dads credit card for years, and I have my own store credit card for around a year that Ive always paid in full every month. As a result, my credit score is 732 reported by Experian, no idea if the other two are as high but I would assume so.My first question is can I cosign his student loans? I assume I have a high score because I have no bad marks like any defaults or evictions, but I would think a lack of personal credit history would prevent me from doing so.Second, if I can cosign them, would doing so be a terrible idea? As I understand, the only way I would even be negatively financially impacted would be if he stopped paying, which with student loans can only happen if he skips the country. Is there anything else I should know about?  <response>: Hell no, not unless youre ready to pay for him to go through college.As an aside, ask your parents if theyd be happy if they found out that after they slaved away to ensure you graduated with limited debt you co-signed mega student loans. 