Eventually, the changes will streamline the system and reduce the number of repayment options, but right now, trying to ...
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 ...
Parents with student debt may be excluded from affordable repayment plans and loan forgiveness in the coming months if they don't take certain steps soon.
The Department of Education released a Notice of Proposed Rulemaking on Jan. 29, announcing its intention to restructure the student loan system in an attempt to lower the cost of higher education.
After these new regulations go into effect in just a few months, millions of borrowers will start experiencing higher monthly payments on their student loans.
Thanks to President Trump’s One Big Beautiful Bill Act, those with existing Parent PLUS loans who don't consolidate before ...
The department opened a public comment period for “Reimagining and Improving Student Education,” a plan outlining details ...
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.
The Education Department began announcing long-awaited student loan forgiveness approvals under key programs after a lengthy delay had left many in limbo.
・Parent PLUS borrowers who want access to income-driven repayment plans must have a consolidation loan disbursed by June 30, 2026. ・Consolidating after July 1, 2026 (or taking out a new Parent PLUS ...
A young woman from Pittsburgh thought she had a clear agreement with her mom about paying back student loans. Now, that ...
The government is closing a loophole in the Parent PLUS federal loan program, where borrowers will no longer qualify for ...