The Short Answer

Taking a Loan to Pay for Kids' College? Read This First

Karen Wallace

New data shows that student loan growth has slowed in the past several years. And although that sounds good, there's more to the story.

Student loan balances have hit a plateau in recent years, but it isn't because college costs are dropping or fewer students are going to college. Rather, it's because parents are increasingly taking on student debt themselves, says Mark Kantrowitz, publisher and vice president of research at Savingforcollege.com.