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College and University Discussion
Reply to "For parents who are primarily paying for college with non need based loans..."
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[quote=Anonymous][quote=Anonymous]Well if you can pay for college with a loan at a low rate, say under 5%, technically you are making money because your investments should return a bit more than 5%. I plan to pay for my kids college with a HELOC, which right now I can get at 3.5%. Each year I am therefore earning a couple percent spread on my investments. Would be dumb to pay cash[/quote] HELOC is, essentially, a sort of way of using your assets to pay, which is what colleges intend, that payment sources would come from a combination of income and assets.[/quote]
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