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The Conversation USA

Thinking about borrowing against your home to send your kids to college? Think again

  • Written by Jacob William Faber, Assistant Professor, New York University
Many parents borrow against their homes to send their children to college.Andy Dean Photography/www.shutterstock.com

When the time comes to send their children off to college, many parents in the U.S. take out loans, draw from savings and earnings and – as some financial advisors recommend – borrow against their homes.

In a study we...

Read more: Thinking about borrowing against your home to send your kids to college? Think again

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