Since DPC wrote this the other way around, there's no way Maya gets out of that contract (since she is the co-signer and her dad is the borrower), unless Patrick personally anulls the contract and signs a new one without Maya as the co-signer. The whole thing is so complicated that it doesn't really makes sense. If this was real life, there are a few things that would never happen:
1. Maya really can't be a co-signer for a student loan. For that to happen, banks require a really good credit score so you can co-sign it. I doubt she has the credit score for it, so she has to lien a house, car, business and etc. (it has to be her legally owned property) until it matches the loan size + interest.
2. Patrick as the borrower in this situation is a beyond retardedly written storyline. When you apply for a student loan, you don't personally get the money, but the college recieves it. And even though the borrower is signed as the legal holder of the money, he/she never gets his hands on the funds. Instead the bank sends them to the college and it's entered in the system.
3. Contrary to the popular belief, it is the borrower's responsibility to make monthly payments on the loan. If he is unable to, then the bank holds the co-signer responsible for making payments. If the co-signer is also unable to make them, then the bank has the legal rights to seize whatever the co-signer liened in the contract or owns until it meets the loan criteria. So in this situation, Patrick has to pay the tuition and unless he is unable to, then it is Maya's responsibility for it.
I'm going to give you an example. When my fiancée and I were buying our apartment, we had to apply for a loan (we didn't have the entire amount, so we loaned the remaining part). It's quite a lengthy process honestly and basically they required us to prove that we were going to use the money to buy a property. They made us sign a contract in case we couldn't make payments, we liened the apartment, so if we didn't pay, the bank would seize the apartment, sell it and close up the loan. The contract is rather ridiculously long and it has a lot of interesting points, but we are risking getting out of topic.