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Pay For School

Your home can help with education costs.

If your child goes to a university like Harvard, you can look forward to paying upward of $68,000 a year for his or her degree, according to Forbes.com, not including books, food, and housing.

The annual projections for a 4‑year public college at $28,000 and for a 4‑year private college at $59,000 are not much comfort either.

There is some good news in this scenario (beyond the pride of having an ivy‑league kid): at this point, you’ve probably built up some equity in your home that you can leverage to tackle the cost of school—even that semester abroad in Florence.

Ready to Hit the Books?

Low interest rates and a potential for the interest paid to be tax deductible (consult your tax advisor for details on the deductibility of interest). See what your home’s equity can do for you.