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The result is that many people who use home-equity loans to pay off debt, college tuition, finance a new business or other purposes will find this avenue of funding increasingly unattractive.
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"It will be complex, not unlike mortgages," said Timothy E. Lane, a vice president for tuition financing at TIAA-CREF.
To avoid the next credit bubble and debt crisis, we need to eliminate government subsidies and link tuition financing to the incomes of college graduates.
"I don't think the expense ratio is factored heavily enough in the equation," said Timothy Lane, vice president for tuition financing at TIAA-CREF.
"We want to spread the risk of owning stocks and bonds," said Timothy E. Lane, TIAA-CREF's vice president for tuition financing.
THE guaranteed investment option, rarely chosen by investors as recently as a year ago, has become almost as popular as age-based portfolios in the last six months, said Timothy E. Lane, TIAA-CREF's vice president for tuition financing.
Encouraged to attend Yale by his high school coach, Reggie Root, a former tackle and head football coach for the Elis who was rejoining Yale as an assistant coach, Jackson enrolled with most of his tuition financed under the G.I. Bill.
YITZHAK BRONSTEIN New York, June 14 , 2012To the Editor: Luigi Zingales proposes that we "link tuition financing to the incomes of college graduates," yet it's questionable how satisfied investors might be with his own decision to stay in academia rather than pursue a more lucrative career in the private sector.
These investors should consider the increasing number of options in 529 plans that protect their principal from loss, such as the insurance-backed "guaranteed" options available in seven of the state plans managed by TIAA-CREF Tuition Financing.
His stump speech has also centered on the socialist ideals of shrinking income inequality by redistributing wealth accumulated by the elite "billionaire class" — for example, by providing free public college and university tuition financed by a "Robin Hood tax" on Wall Street transactions.
Some Social Democrats also favour tuition fees, financed by loans that are paid back only once graduates have big enough salaries.
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