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College and University Discussion
Reply to "Cashing out home equity to pay for college"
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[quote=Anonymous]I wouldn’t let her attend the school. I would not touch my home equity to send my child to an expensive school that provided no aid. Public school only. She should apply to be a resident assistant as soon as she’s able. Get a part time job and take out loans. In your situation I’d offer to pay 1/3 to 1/2 and she would be responsible for the rest (through loans or working or RA position). You can help to pay back loans over the longer term, but do not touch your equity or your retirement. [/quote]
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