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Financial Planning / Paying For College

URL:  http://boards.fool.com/i-want-to-refinance-and-take-70k-out-for-each-of-30560233.aspx

Subject:  Re: Paying for College and Aid Date:  2/25/2013  8:50 AM
Author:  2gifts Number:  8023 of 8406

I want to refinance and take $70K out for each of them before the rates go up which i think they will by next year.

I've never been a fan of using my house to pay for other things, and would not be inclined to borrow from the house to pay for college. If you do decide to do that, however, I would not refinance now to have money sitting there for several years on which I am paying interest. I'd prefer doing a HELOC