Does College Tuition Show up on a Parent’s Account or Both?

Tuition itself is not reported to the national credit reporting companies. However, if student loans are taken out to pay the tuition, the student loans would appear on both the parent's and the student's credit reports, if the parent is a cosigner of the loan.

As the cosigner, the parent is agreeing to take full responsibility for repayment of the debt if the student is unable to do so. Any late payments will appear in both reports and will affect both the student's and the parent's credit scores.

Check out the scope to hear answers to all the questions asked:

Do you have questions about credit?

Join our live video chat every Tuesday and Thursday at 2:30 p.m. ET on Periscope. Rod Griffin, Director of Public Education at Experian, is available to answer your questions live.

Scoped on: 08/02/2016