The Parent Trap: PLUS Loans and Intergenerational Borrowing Rachel Fishman This blog post is the conclusion of a series that takes a look at recent changes to the credit criteria for Parent PLUS loans and the subsequent effect on colleges and universities. You can find the rest of the series here. In fall 2011, the U.S. Department of Education tightened the credit check criteria for Parent PLUS loans, a federal program that provides loans to parents–usually above and beyond student loans–to send their children to college. Despite public criticism https://getbadcreditloan.com/payday-loans-tn/millington/ of the Department’s actions, I argue in The Parent Trap, released today, that more reforms are needed to ensure that the program doesn’t burden parent borrowers with ...
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