<p>personally, my radar would be up. i guessing yours is too, or you probably wouldnt have posted. </p>
<p>Re: Stated rationale for moving assets instead of paying outright for the tuition:
Hold the student accountable such that if she doesn’t stay focused and complete school, she’s stuck with all the loans. If she does stay focused and graduates, the accumulated assets in the sheltered instruments will be used to pay off all loans, leaving her debt free. Also to lower EFC.</p>
<p>do you feel your daughter needs such a “stick” to stay focused and complete school? if not, no need to go down this path. if so, college loans are available regardless of whether you attempt to shelter assets in insurance products. </p>
<p>this sounds like someone trying to earn a commission. especially when the best rationale is to liquidate the products in 4 years.</p>
<p>bottom line, use online EFC calculators to run the numbers with/without the purchase of the insurance products to see if it really buys you all that much.</p>