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What Is Tuition Insurance And How Does It Work
Manage episode 443306778 series 2794666
The College Investor에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 The College Investor 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
I was recently asked a question by a reader about the drawbacks of getting a private student loan.
She asked why she shouldn’t get a private student loan, when interest rates are so low right now. She would need to cosign with her daughter on the loan in order to get the best rate.
My advice was as follows: the biggest danger of a private student loan is that the cosigner is also liable for the debt. So, should something happen to her daughter, and she can’t graduate and earn income, she will be on the hook for the debt.
However, there are options to protect parents when it comes to paying their children’s tuition – tuition insurance.
Below, we’re giving you our best insights into tuition insurance and sharing our top picks for tuition insurance providers.
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