Photo: #Ruth Hayden is a nationally recognized financial consultant, educator, and author.

Student loans, from the parents' perspective

Broadcast: Midmorning, 06/03/2011, 10:06 a.m.

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When college students take out loans to pay for school, they are assuming a large load of debt that could affect their finances for years. What role should parents play in guiding their children through that process, and should parents jeopardize their own financial future to help pay for higher education?

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