Browsing: Parent
As of July 1, 2026, new Parent PLUS borrowers are capped at $20,000 per dependent student per year and $65,000…
As of July 1, 2026, new Parent PLUS borrowers are capped at $20,000 per dependent student per year and $65,000…
House Democrats have introduced a bill that would let parents transfer their Parent PLUS loans to the children whose education…
Key PointsThe 2026–27 Parent PLUS loan carries a 9.07% fixed interest rate plus a 4.228% origination fee, which makes it…
“There is little to no chance that she will ever be able to repay these loans.”
About 18% of parents take out parent student loans to pay for their children’s college education. When a child’s financial aid…
Key PointsThe SAVE Plan is ending. Borrowers pursuing PSLF should switch to IBR or another qualifying income-driven plan ASAP. The…
Key PointsFederal Parent PLUS loans have minimal credit requirements, but come with higher interest rates and origination fees.Private student loans…
“Our son makes $45,000 a year and has no immediate prospects for significantly increasing his income.”
Key PointsParent PLUS borrowing will be capped beginning July 1, 2026: up to $20,000 per student per year and $65,000…