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Mom, Dad To The Rescue: When Parents Take On Kids' Loans
Student loans are at an all time high — and the impact spreads to parents. We’ll take a look at parents who take on loans for their college-aged children, and how that’s further squeezed an already financially insecure generation that’s heading towards retirement.
Guests:
- Marian Wang, ProPublica reporter, a nonprofit investigative journalism organization
- Bob Hildreth, founder of Families United in Educational Leadership (FUEL), an organization that provides incentives for lower income families to save for their children's college education
More:
This segment aired on November 21, 2012.