Should You Pay for Your Child’s College Education?

Paying for college for yourself or for a child can drop you into debt faster than many other things. Aside from huge disasters like medical emergencies or a home fire, more people get into higher debt by paying for college than any other reason. The best advice for long term financial health is to avoid paying for college for your kids if it means going into debt or shorting your retirement. If you've managed to put aside money for their education in a savings account, or if you are able t