Tapping Home Equity for College

The consensus is that home equity can be a good option, yet should be used with caution and only as a last resort. Typically, student loans provide a better deal yet in this day and age of rising college costs, student loans aren't always sufficient. One benefit of the home equity loan is that it might help you receive more financial aid as many private schools take into accound home equity in their financial aid formula.

Tapping home equity for college [MSN Money]