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Old 04-30-2008, 06:39 PM   #15
jude_36
Junior Member
 
Join Date: Mar 2008
Location: Lakes Region, NH
Gender: Female
Threads: 8
Posts: 216
I think (and if I'm wrong about this, someone PLEASE correct me) that home equity counts as an asset on the Profile, and if you have more than 50k in home equity the college will assume that anything over that 50k is available to use to pay tuition. I don't think that consumer debt, including existing PLUS loans, will reduce the amount of money colleges think you can come up with.
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