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College and University Discussion
Reply to "How large are the loans you've taken out to finance your kids college education?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Student loans are a huge part of debt in this country, but just not in the DCUM neighborhood? I have read plenty of threads that promote "skin in the game" for students. Where a those posters?[/quote] This thread is about PARENTS taking out loans to finance their children's education. That is an entirely different situation than students themselves taking out loans, which is completely acceptable provided they take out a manageable amount (PP's first-year salary guideline is an excellent one). Parents putting themselves into debt is not a good financial move.[/quote] https://www.washingtonpost.com/apps/g/page/lifestyle/when-grandma-defaults-on-a-college-loan/2189/ https://www.washingtonpost.com/business/get-there/yes-all-debt-is-bad-debt/2017/04/14/77955ea4-1ee3-11e7-a0a7-8b2a45e3dc84_story.html?utm_term=.6014716b1b59[/quote]
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