Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

HELOC vs. Parental Student Loans vs. Second Mortgage?
I'd like to propose a 4th option: Let your kid(s) take out their own student loans, and then you can make payments directly to help them pay them down. Some advantages to this method: Note the many similarities to the HELOC, which would probably be my second choice.