Jacob William Faber

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Researchers found that families who send their children off to college face an increased risk for foreclosure. Monkey Business Images/www.shutterstock.com

Thinking about borrowing against your home to send your kids to college? Think again

Jacob William Faber, New York University and Peter Rich, Cornell University

The odds of foreclosure double for families who send their kids off to college, according to two researchers who say their findings show a need for new ways for Americans pay for higher education.

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