The minus side of PLUS loans

Student-LoansParent education loans can help your child attend the college of her dreams — and sink any dreams you had of ever retiring.

The grim reality is that the federal PLUS loan program allows parents to borrow far more than they can comfortably, or even ever, repay.

In my column for Reuters, I explain why the easy lending practices of PLUS loans can lead to a lifetime of debt.

In DailyWorth, I do a little mythbusting of “good” credit habits that are actually bad for you.