Borrowing to Pay for Your Child's College Is A Bad Idea

In what seemed like the blink of an eye, your child grew up and is now receiving college admissions letters. But if your plans are to borrow money to help them pay for college, you’re likely making a very costly mistake.

As Forbes contributor Camilo Maldonado writes, many parents dream of giving their children a brighter future by helping to provide for a solid college education. But a new report by The Brookings Institution shows the perils of going into debt by borrowing to pay for a child’s college education. Read the story at Forbes.com.