Parent or student loans: Which is the best option?

Getting a university education is an expensive proposition. In fact,
about 20 per cent of college students will need some form of financial
help in order to pay for the expenses they will incur in school. With the
alarmingly high rate of students needing a loan for university, it
means that a large number of students will graduate from college with a
debt load that could even reach unmanageable levels. One way to work
around not having to get a student loan is for the parents themselves to
take out a “parent loan”. The question though is which among student loans
or parent loans are better.

Parent loans and student loans have their own set of advantages and
disadvantages:

Federal student loans posses View the rest of this article