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.

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 in regards to a federal system which allows parents to obtain loans to simply help fund their children’s education that is undergraduate.

Approximately 3.6 million moms and dads had applied for $96 billion in outstanding loans underneath the federal Parent PLUS system at the time of belated a year ago, the research from Trellis Research stated. More →