Selling home for son's college education?
My son will be going off to college in next two years. He is now in Junior High.
The way things are going on now a days (in general) I am concerned if I will have enough funds to put him through the college.
I am planning to put my home in the market next spring and raise some funds for the cause.
Question is -- is this a bad idea? Is it safe to still own a home while my son goes to college and borrow loan on the house? This way I have to pay both the college loan as well as the mortgage plus the interest. That I cannot afford.
I was not sure if this is the right forum to post this--but still related to education.
Any suggestion/advice is welcome related to the concern.
Thank you in advance.