What is my best option for leveraging the equity in my home to finance my daughters college education?

Question by Jim: What is my best option for leveraging the equity in my home to finance my daughters college education?
Is it refinancing my 1st mortgage? Taking out a home equity line of credit? Taking out a home equity loan? Or none of the above?

Best answer:

Answer by Kaito the Grammar Nazi
How about letting your daughter pay for it herself? Colleges often have entire centers dedicated to putting students to work for money, and I think it gives them better appreciation for their classes if they’re paying for them.

Add your own answer in the comments!