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College and University Discussion
Reply to "PLUS loans"
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[quote=Anonymous]It should make you nervous! Make sure you are taking out a loan you can afford to pay back. Don't count on your kid helping. If you can't repay it you will not be able to discharge it in bankruptcy, and they can collect it out of your wages and social security later on. You may need to consider having your dc take some time off of school to save or move to a cheaper option, perhaps live at home or with other relatives to save.[/quote]
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