Author

Thomas Korankye

Thomas Korankye

Thomas Korankye is an assistant professor of personal and family financial planning at the University of Arizona.

COMMENTARY
A couple looks over loan documents while sitting at a table

Commentary: The high price of student loans for parents who borrow for their children

By: - December 30, 2021

When people take out student loans for themselves, certain risks are involved. The debt can negatively affect a person’s mental, emotional, and even physical well-being. It can also harm a person’s financial well-being. But when taking out a student loan for one’s child, the risk is even higher that the loan could be associated with […]