With federal Parent PLUS loans now accounting for one fourth of borrowing for undergraduates, brand brand new data reinforce concern about moms and dads’ capacity to repay the loans.
New research contributes to growing issues of a federal system enabling moms and dads to obtain loans to aid fund their children’s education that is undergraduate. Approximately 3.6 million parents had applied for $96 billion in outstanding loans beneath the federal Parent PLUS system as of belated year that is last the research from Trellis [...]
