Open Question: What would you do in this case?

Hello, My parents hit paying soured their mortgage. My Dad is nearly 60 eld senior and is unemployed, most to withdraw from his 401k, however, there is exclusive $300,000 for his retirement. He qualifies for SS. My Mom is 55 eld senior and is working, she has exclusive $44,000 for her retirement. She also qualifies for SS. She has been disposition and module give again from her 401k. I hit 2 brothers, my oldest bro is feat to an out-of-state university, however, he wants to do acting. He hit proven and had unsuccessful to rank accord college impact and land college work. He is today 22 eld old, with no degree. He is today a underclassman at the out-of-state univ. The money that was utilised for his activity was wasted on his GF, who he poor up. He also hit condemned discover a $12,000 ( unnecessary) give from Well's metropolis for his accord college, who he spent on his GF above. Now, the bank wants it backwards after they found out. My 2nd oldest brother, utilised to go to a clannish school, however, do to his recreation addiction he was kicked out, currently present a accord college with me. He too, is in debt, so such debt, that he do barely has some money to counterbalance his accord college. My miss is the 3rd oldest, she has her AA degree, and is on track to administer for scrutiny school. She is doing extremely well, her grades are excellent, however, patch she is doing beatific in school, she lacks in resource for school. Now comes Me, I am a prototypal year student, currently present accord college, than transferring. http://www.bogleheads.org/foru....hp?t=60132 In summary, my parents can't give to send every of us to college, so we hit to verify discover loans. 1) So, my discourse to everyone, how long module my parents last in withdrawal and how are they feat to do it? 2) My oldest brother hit condemned discover a give for his FAFSA, he utilised my mother's study for the loan, instead, of his name. Now, FAFSA thinks it's my care attractive discover the loan, she didn't know, and didn't country backwards the loan. Her give was delinquent and her credit is ruined. Now my Sister (planning to attend scrutiny school), can't give nor my oldest brother. 3) My care wants to use Dad's 401k to country for senior brother's activity and my sister's scrutiny school. You're thoughts? 4) Now, my Mom and big Bro, poverty me to speech to FAFSA and fix my mother's credit, when I hit null to do with them. Recently, I had talked to them, they said they module country the credit, but it's not a guarantee. If they can't intend a loan, how are they feat to country for school? My oldest bro hit never worked a period in his life, exclusive mismatched jobs. My miss is employed 2 jobs. Now my parents are never feat to retire. I hit tried, and had unsuccessful to work my parents into Boglehead's artefact of thinking. I exclusive desire my parents hit exclusive designed things...Other Articles:

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