Student and college finance author/blogger Zac Bissonnette on why parents should not go too much into debt to finance their children’s education:
I have what’s called The Airplane Rule: Please make sure you have your own oxygen mask on before assisting your child. Don’t loot your retirement. Short-term measures are OK, but don’t take on long-term risk.
About the blogger
Alex Friedrich reports on higher education issues for MPR News. Among the stories he has covered: the fall of the Berlin Wall, aftermath of Hurricane Katrina, collapse of the I-35W bridge in Minneapolis, 2003 Moscow suicide bombing and 2004 presidential elections in the Republic of Georgia. He holds a bachelor’s degree in journalism from the University of Georgia and a master’s in European political economy from the London School of Economics.