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College and University Discussion
Reply to "Anyone else preparing to take our parent loans for 2023-2024? If so, how much"
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[quote=Anonymous][quote=Anonymous]People on here are jerks. Not you have gotten some leads on lower interest loans and advice about the advantages of Parent Plus vs. private loans. There are situations where borrowing by makes sense. Like if you will have access to funds in a few years to pay it off. But agree that you should proceed with caution. We may do something people will find even more upsetting—withdraw some funds for retirement. Folks on here will say NEVER DRAW FROM RETIREMENT. And that is generally true. But not all situations are the same. We are older and over saved for retirement instead of putting it in 529. Probably should have. But we will withdraw IF the school is deemed to be worth the money. [/quote] We just plan to jump off a bridge. Not interested in bed sores or dementia, sounds like a hassle. [/quote]
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