Would You Sell Stock in Yourself to Pay for College? Some Students Will Soon have That Option

For many students, federal student loans don’t cover the cost of college. Purdue University is aiming to be a pioneer in a way to help students bridge that gap.

The government caps the debt available to most students at roughly $27,000 (total) for four years of school. Given that the average cost of a year of public school was $9,410 and $32,405 a year at a four-year private school last academic year, it makes sense that many families need to find more revenue sources to finance college. Some turn to private loans taken out in either a parent’s or the student’s name, and others take advantage of Parent PLUS loans, which is the government loan option for parents.

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