Thinking about borrowing against your home to send your kids to college? Think again - the Conversation

We also used three independent data sets tracking individual households over time to confirm the connection between college attendance and foreclosure. We found that the odds of foreclosure are twice as high among homeowners with a child in college, even after we account for their income, mortgage interest rate, the presence of other children, race, householders’ education and marital status, and region. These foreclosures are not explained by the sub-prime lending that led to the Great Recession and the unemployment that followed, according to our research. http://theconversation.com/thinking-about-borrowing-against-your-home-to-send-your-kids-to-college-think-again-104051