Paying for College

Private Loans vs. Parent PLUS Loans: Which Should I Take To Help My Daughter Pay For College?

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My daughter got into the theater program at her dream school and she is so excited! Unfortunately, even with financial aid, the total cost of the program is a bit more that we can afford to pay out-of-pocket right now. She has her heart set on studying theater in New York City, so I'm willing to take out some loans myself to make this a reality for her. Are Parent PLUS loans hard to get? Should I take out a private loan instead? What are the best options for parents who want to take out loans themselves to help their children pay for their college?

Congratulations to your daughter! You asked some great questions about college loans for parents. Let's take a look at them below.

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