I'm trying to understand what happens when you co-sign a SALLIE MAE student loan for a college student, over the life of the loan.

I know you have to provide information on the application, and you are responsible for paying the loan if the student cannot make payments. I'm trying to understand the logistics. For example, does the co-signer receive copies of all statements and other correspondence from SALLIE MAE about the loan?

Also, how does it show up on your credit report? Is it just listed like any loan that you are responsible for, or is there an indication that it is a co-sign situation, in case that somehow matters in your credit score?

I called SALLIE MAE and was transferred to 8 different people and all they can do is read me stuff that on their website. No one seems to know how it actually works.

I'm just trying to understand the ramifications over the long term.

Thanks very much.