My sister is getting ready to take out a loan for her kid’s last semester of college.

So far they haven’t had to take any loans out, so this will be the first one. She says she’ll be paying it off by March, we’ll see.

My kids are only taking a certain number of credits because they don’t want to run the college savings money down and they don’t want to take out loans….they are paying everything themselves, except I give them a break on the cell phone and car insurance. They actually freaked when I withdrew money last year and it was only $500 each.