When Julie Wake and her husband put their first three children through college, they encouraged them to prioritize the quality of the education over the price. Money mattered, but each of their ...
But new federal rules usher in two major changes to Parent PLUS loans. First, parent borrowing will now be capped at $20,000 per year and $65,000 total for each student. Second, parents will no longer ...
Thanks to President Trump’s One Big Beautiful Bill Act, those with existing Parent PLUS loans who don't consolidate before ...
Major changes are coming to federal student loans on July 1, 2026. Learn about the new caps on Parent PLUS loans and the elimination of the Grad PLUS program.
Major changes to the Parent Plus program are coming - but borrowers can take action to keep some options intact The Republican tax and spending bill made major changes to the Parent Plus program, the ...
When parents take out federal loans to help students pay for college, the government doesn't offer quite as favorable terms as it does when it's providing loans directly to students.
About 18% of parents take out parent student loans to pay for their children's college education. When a child’s financial aid package doesn’t fully cover the cost of college, lots of parents in the ...
The government is closing a loophole in the Parent PLUS federal loan program, where borrowers will no longer qualify for ...
A popular method parent borrowers can use to qualify their student loans for income-driven repayment is going away soon. Borrowers with Parent PLUS loans need to take several steps soon if they want ...