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https://boards.fool.com/i-briefly-thought-about-that-but-decided-against-20708586.aspx
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| Subject: Re: home equity and student loans | Date: 4/30/2004 2:26 PM | |
| Author: SRenaeP | Number: 3207 of 4854 | |
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I briefly thought about that but decided against it. I'm simply not comfortable with the risk. What if you became unemployed? Student loans can be deferred; HELOCs can't. Even if there was no deferral, I'd much rather default on a student loan than on my house. Yeah, my credit would suffer but they can't foreclose on my degree. -Steph |
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