<prompt> Human: I hope to get the first of my three daughters through college without HER going into debt. I can probably pay out of pocket about 8037; of it over the next four years but will have to probably borrow the remaining 40,000. How best to do it?-Parent Plus at 737;-Home Equity at 4.537;-Have her take out Fed loan and I pay it back for her at 4.4537;Home equity is cleaner but arent there good deferral options if she takes out the Fed loan in her name?  <response>: Community college and live at home the first 2 years and then state school. Anything else is just financial insanity. Also your kid needs to work 20 hours a week 