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Discussing parent student loans with kids In more than one-third of U.S. families, parents decide how to pay for college, according to a July 2020 report from private lender Sallie Mae. Half of those parents don t inform the child of their decision. Joe Allen, 51, of Frederick, Maryland, did talk about college costs with his daughter, a freshman at the University of Dayton in Ohio. But he understands why some families avoid the topic. “As a parent, you want to protect your children,” Allen says. “You want to do what s best for them.” But what seems best for children may be bad for mom or dad – especially if it means taking out hefty parent student loans without discussing them. Here s how to avoid that misstep and others when borrowing parent loans.

University of daytonUnited statesSallie maeJoe allenAngela colatrianoKathleen burns kingsburyRick castellanoTrellis companyCollege ave studentBreaking money silenceCollege ave student loansRyan laneபல்கலைக்கழகம் ஆஃப் பகல்ஒன்றுபட்டது மாநிலங்களில்சல்லி மேஓஹோ ஆலன்