“Our son makes $45,000 a year and has no immediate prospects for significantly increasing his income.” ...

Parents with student debt may be excluded from affordable repayment plans and loan forgiveness in the coming months if they ...

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 ...

A new report finds Loyola and DePaul universities in Chicago are among 41 colleges that appear to push lower-income families ...

Thanks to President Trump’s One Big Beautiful Bill Act, those with existing Parent PLUS loans who don't consolidate before ...

Eventually, the changes will streamline the system and reduce the number of repayment options, but right now, trying to ...

The cost of college — including tuition, housing, textbooks and other fees — adds up for families. However, students are often eligible for financial aid, including scholarships, ...

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.

Parent PLUS loans at 8.94% generate $13,410 in annual interest on $150,000. The balance balloons to $175,000 without aggressive repayment. Ramsey advises debt snowball method treating all $170,000 as ...

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.

The government is closing a loophole in the Parent PLUS federal loan program, where borrowers will no longer qualify for ...