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education loans

July 30th, 2010 No comments

What, if any benefits are there to taking a home equity loan to help pay for my children’s education compared to a ParentPlus loan?

PPloans stand @8.9%.  HEL for 15 yrs. @about 6.75.  Would ther be a benefit to taking the HEL, breaking the amts up into investing in some short term CD’s until the money is needed for tuition payment?

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