Should I refinance my home to pay off student loans?

Should I refinance my home to pay off student loans?

Mortgage lenders may let you use your home’s equity to pay off student loans. This type of loan is called a “student loan cash-out refinance,” and it would eliminate a debt from your life.But that convenience could cost you: If you leverage your house to pay off student loans, you put your home at risk if the larger balance ends up overwhelming you.