Intelligence

What Parents Need to Know About Student Loans

I’m doing a piece on Colonial Life on what parents need to know about student loans: -When should parents consider helping their children with student loans? What’s the best way to balance that with their own retirement planning needs? -Should parents co-sign for student loans? What risks do they open themselves up to if they do? -What are some other ways parents can help their children without taking on student loans or paying for college? -When is it wise for parents to take out a PLUS Loan to cover excess needs? Requirements: Preferably someone from the financial services industry, student loans expert or financial advisor. If you’re from a PR firm, please have the quotes sent directly and not an offer to connect or have a call. Please send responses in quotable sentences as that would be most helpful.