What Parents Need to Know About Borrowing for College

On Thursday, Feb. 15, U.S. News Education and U.S. News Money will host a conversation on Facebook Live focused on what parents need to know about education loans with Shannon Vasconcelos , director of college finance at College Coach, and Pete Wylie, vice president of student lending at CommonBond.

We’ll tackle when a parent should co-sign a private loan, take out a P arent PLUS loan and when to borrow money from a private lender.

Have questions for Shannon or Pete? Submit them using this form and they may be answered during the event.

Who: U.S. News Education, U.S. News Money, College Coach and CommonBond

What: A Facebook Live focused on what parents need to know about borrowing money for college.

Where: Watch the conversation — and ask questions in the comments — on our Facebook page or YouTube channel.

When: 2 p.m. EST on Thursday, Feb. 15, 2018.

Why: If there’s gap between your financial aid and the cost of college, then you’ll need a strategy to pay for the balance. Parents have to consider when it makes sense to co-sign on their child’s student loan or take out a parent loan for educational costs.

More from U.S. News

Parent PLUS Loans Face Potential Reform

10 Need-to-Know Facts About Parent PLUS Loans

4 Things Borrowers Don’t Always Know About Parent PLUS Loans

What Parents Need to Know About Borrowing for College originally appeared on usnews.com

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