by Andrew Chandler | Feb 19, 2018 |
Natalie Lynch borrowed $80,000 to send her three children to college – a debt she’s unsure how to repay. (Ellen Webber for USN&WR) For Natalie Lynch, sending three children to college has been a source of pride. But with it came a nasty price tag: To top off...
by Andrew Chandler | Feb 18, 2018 |
Parents who borrowed to send their children to Berklee College of Music in the 2015-2016 school year took on an average $35,388 in federal debt. (Ellen Webber for USN&WR) A common criticism of the Parent PLUS program is that it desensitizes parents to the...
by Andrew Chandler | Feb 18, 2018 |
For years, policymakers have talked about limiting parental borrowing, tightening credit requirements or even scrapping the Parent PLUS loan program altogether. (Brett Ziegler for USN&WR) If universities lack the ability and sophistication to better steer parents...
by Andrew Chandler | Feb 18, 2018 |
Discover the average Parent PLUS loan among borrowers in the 2015-2016 school year at nearly 1,500 colleges and universities. Compare the average Parent PLUS loan received in the 2015-2016 award year, the percentage of parents who borrowed and other important...