[Mannaggia l'America]

But you're house is paid off, right?

Yes. Will the college take some shingles or a window or some carpet instead of cash?

[Texas Eagle]

But if you're house is paid off, why can't you just borrow against it?

[mylife]

This is a Vey Vey Sirous Thread!

Seriously There seem to be liquidity issues with both strategies If one hedges thier bets by doing a little of each of the dominant theories on this thread would that not be the prudent thing to do?