Relief options if you´re in debt from your kid´s education
164.00 ₹
Published date: March 17, 2025
- Location: 69140, Bazancourt, Nunavut, France
Parents, who can borrow up to the total cost of attendance per child (minus other federal aid) with PLUS loans, use the loans to fill funding gaps after their student hits the borrowing limit of no more than $7,500 per year from the government.
In January, the Department of Education unveiled details of a repayment plan overhaul that could halve monthly payments for many federal student loan borrowers.
But one group, the 3.7 million parents who owe parent PLUS loans, won´t benefit. Policymakers have long excluded parent PLUS loans from most relief, though the program looks much different today than it did during its 1980 debut.
'We have attempted three flights over the past few weeks, each one of them cancelled as Alex's condition deteriorated further just prior to depature as the poison worked through his body causing further complications,' they wrote in an update.
In January, the Department of Education unveiled details of a repayment plan overhaul that could halve monthly payments for many federal student loan borrowers.
But one group, the 3.7 million parents who owe parent PLUS loans, won´t benefit. Policymakers have long excluded parent PLUS loans from most relief, though the program looks much different today than it did during its 1980 debut.
'We have attempted three flights over the past few weeks, each one of them cancelled as Alex's condition deteriorated further just prior to depature as the poison worked through his body causing further complications,' they wrote in an update.
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