Plus loans vs home equity/mortgage loans

milkandsugar
Sun, 25 Apr 2010 11:25:44 +0000

All the reasons mentioned are the very same reasons we took the PLUS. We also wanted to leave the equity alone in case of other emergencies like home repairs, etc.
The PLUS does allow for hardships. With this economy, and all the things that are happening with student loans, who knows, they may make a provision to write some of it off in the future.

I believe that the PLUS loans ends with either death of the borrower or the student.