What’s a degree worth? A third of homeowners say they’d borrow against their homes to pay for it

Homeowners across the country have about $5.8 trillion in equity and, notwithstanding some hesitancy, there’s some surprising ways they plan on using it, but chief among them is to get a degree. In a recent survey, one of the most common reasons to borrow against a home was to pay off student debt or other education-related costs, according to Bankrate.com as cited by CNBC. Nearly a third of homeowners who responded said they believed that […]

source https://therealdeal.com/2018/09/22/whats-a-degree-worth-a-third-of-homeowners-say-theyd-borrow-against-their-homes-to-pay-for-it/