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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, I posted about what we did in similar situation, or so I thought, but we know nothing about your assets. You really have to consider those to know if you will be able to pay back loans or make profit on rental, etc. [/quote]

our assets
300k primary, 250k on rental, 900k retirement, 150k 529
we have normal expenses an we do help parents both side, we have old van and old highlander that is all our asset pretty much.

our rental cannot go up more than this but we can pay monthly (if we take out loan)
[/quote]

That’s not a lot to work with.  Can you get someone else to pick up the expenses for the parents and get some extra money that way?  Your take home should be like $185k, which is about $15,500 per month.  Your current college expenses are about $5,500 per month ($78k less student loans) leaving you with $10k to pay your mortgage and household expenses.  Unless your mortgage is huge or you are spending a ton on parents, it seems like you could so some belt tightening and make this work without loans.  It won’t be pretty for the next two years while you have three in college, but it is possible and it will get better after that.

Also, no reason your kids can’t work off campus or non work study jobs.  It changes the college experience, but your kids really don’t have the luxury of unlimited funds to pay for college[/quote]

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