ChooseFI
Forums
College
HELOC/Life insurance

New to College?

Read our Complete College Guide →

HELOC/Life insurance

CB
Carrie Bach · · 6 replies

Good afternoon,

Has anyone had experience with funneling college dollars through a HELOC and then through a life insurance policy that you then borrow from to pay tuition?

ChatGPT sounds very skeptical about this but a friend is considering it anyway so I thought I'd ask here if anyone has thoughts/experience with it.

Thank you, Carrie

Share
Share on Facebook
Share on X
Share on Reddit
Share via Email
Copy link

Replies (6)

Traveller830FI

Traveller830FI

4 months ago

NderD

NderD

4 months ago

PrettyFIDadKY

PrettyFIDadKY

4 months ago

Bullpen6022

Bullpen6022

4 months ago

Showing 4 of 6 replies

View all replies on Community

Comments

Your comment will be posted after signing in
Join the Conversation

Create an account or sign in to post a comment.
Username
Email

No password needed. We'll send a verification email.

Email
Password

Find Your FI Number

Calculate how much you need — takes 60 seconds.

What's Your FI Number? Find out in 60 seconds

Join ChooseFI

Start your financial independence journey

  • Access to the ChooseFI community
  • Exclusive FI resources and tools
  • Weekly actionable insights
Continue with Google Continue with Apple
or

No password needed — we'll email you a verification link.

Already have an account?

Don't have an account?

Try searching for
Browse topics
Health & Wellness Tax Strategies Investing Real Estate Lifestyle Design Kids & Family Finance Money Mindset College

⌘K to open anytime

Your FI Journey

1/3

Step 1 of 3

How familiar are you with Financial Independence?