You may be able to borrow money from your retirement plan to pay for college expenses for yourself, your spouse, or your children. (finaid.org)
These loans are used to help families pay their share of college expenses if they are unable to do so from savings, current income or other means. (maineloan.com)
Many 48 year olds have numerous needs to cover, including mortgage debt, final expenses, future college expenses for their children, income replacement, and future estate taxes. (lifeinsuranceunited.com)