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Parental Borrowing for College Comes with Repayment Issues

Wenhua Di, Carla Fletcher and Jeff Webster

Southwest Economy, 2018, issue Q3, 14-17

Abstract: As the cost of college continues to rise, parents are increasingly taking out federally backed loans to help make ends meet for their children. Parents, while often more adept at managing debt, assume some of the financial risks of their offspring who are seeking higher education.

Date: 2018
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Handle: RePEc:fip:feddse:00138