The fact that you are holding on to this pension-loan-thingy so tightly as the light at the end of the tunnel or "backbone" as you say, is one why your parent's should NOT do it.Crunching the numbers is only a small percentage of addressing the problem, behavior IS the problem. Yes, they are spending less, but they still see debt as the answer to their problems. And have treated debts that ignored pets in the past. And do you honestly think that they will go through 4 years of your sister's college without borrowing more money? No. Something that they HAVE to provide for with HAVE to be made happen and they WILL borrow.You have gotten some great responses here and I don't think that you would have if you have not done a lot of things right already. The pension loan could wreck all of that, though--and that's why everyone is so strong in opposing it.They have stood behind every decision I have ever made (except buying the motorcycle, but thats a whole different story, which does infact have a happy ending) and I will do the same for them, helping them along the way as best I can. There is something that I think that you should step up and do and that is recouping their cost for your college education. But that's coming from a guy who got his first job at 9, and paid his way through private high school and then college. People have different ways at looking at this. Personally, I never thought my parents were obligated to pay for anything that I didn't need before the age of eighteen.Fred
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