Home Equity vs. Retirement to Pay for College

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What is the current rate on a home equity loan of $50,000 with an excellent credit score? We have no debt other than a mortgage for the next 11 years. I need to pay for four more semesters of college costs for a student. What would the penalty be for taking money out of a retirement account?

Read more: http://www.foxbusiness.com/personal-finance/2013/08/20/home-equity-vs-retirement-to-pay-for-college/#ixzz2ccZr2s4x

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