A 23-year-old college graduate moved back in with parents due to financial constraints. Although able to afford an apartment now, parents insist on staying until student loans are fully repaid and want repayment for their educational loans. They threatened to take away his car if he moves out. The individual feels manipulated but is also considering moving in with a boyfriend. Seeking financial advice could assist in managing their loans effectively.
At 23, you are an adult and entitled to live independently (or with your boyfriend) if you wish.
If the original agreement about the college loans wasn’t what they are saying now, their demands are manipulative.
A discussion with a financial expert might help you find a way to pay off your student loans in an effective and timely manner.
You will have to find some other means of getting around unless the car is titled in your name.
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