A recent piece in Smart Money reports that more parents are borrowing money for their children’s independent schooling. I recently met a parent in Baltimore who had borrowed to send his child to private school here, and told me it’s cheaper to send a kid to college, after financial aid and student loans are factored in, than it is to repay loans for private school. I wonder if other parents in a similar situation would be brave enough to share their stories in the comments below.
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