April 23, 2013

HIGHER EDUCATION BUBBLE UPDATE: Parents should beware of borrowing too much to pay for children’s college education. “Borrowing programs designed to help parents raise money for their children’s education — such as PLUS loans — could potentially hurt the families they are intended to help. The loans are remarkably easy to get, yet nearly impossible to get out from under when families bite off more debt than they can chew.”

Yes, student loans are dangerous; parent loans are in some ways moreso.

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