10 Colleges That Leave Parents With The Most Debt
"The federal government makes loans to parents, too — and those loans have become increasingly popular in recent years, particularly as parents of college-bound students lost home equity after the housing crisis," Vox reports.
"Whether the federal government should make loans to parents, and what the terms of those loans should be, is debated. Students taking out loans themselves anticipate that they'll make more money with a college degree in order to pay the loan back. Parents, on the other hand, are less likely to have their financial situation change when their student goes to college.
Here are the 10 colleges where parents borrow the most: French Culinary Institute, Berklee College of Music, Art Center College of Design, Boston Conservatory, West Coast U., Brooks Institute, Rhode Island School of Design, Full Sail U., Embry-Riddle Aeronautical U., New York Conservatory for Dramatic Arts." Visit vox.com to find the average debt levels.
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