About half of parents would rather withdraw money from their retirement account, work more years or take on a second job than have their kids take out student loans, according to a T. Rowe Price survey, Financial Advisor magazine reports. About 53 percent of parents would rather use retirement savings to pay college costs than have their kids take on student loans, according to the survey of 2,000 parents who had a retirement account and children aged 15 or younger. Fifty-one percent would be willing to get a second or part-time job and 49 percent of parents would delay retirement and work more years, according to the survey. T. Rowe Price also found that 44 percent of parents said their own student loans have impacted their ability to save for retirement.