For students starting a new program on/after July 1, 2026, loans will be capped at $20,000 annually, and parents can borrow no more than $65,000 total, a big change from the unlimited borrowing setup.

The U.S. Department of Education offers direct loans specifically for parents of college students, called Parent PLUS loans. Like with other federal student loans, only a few special circumstances ...

Understand the types, eligibility and repayment plans for federal student loans Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal finance expert.

College expenses are higher than ever, with the average cost of college in the United States now amounting to around $38,270 per year when accounting for tuition, books, supplies, housing, and daily ...

In my column last week about student loans, I focused on changes coming to the outstanding loan burden for graduates. But parents who have taken out Direct PLUS loans also have some critical deadlines ...

Capped loans for new borrowers have lifetime limits: $200,000 for those seeking certain professional degrees and $100,000 for ...

After completing the application at Federal Student Aid, you will be notified by the Direct Loan Servicing Center of your loan eligibility. Generally, you are eligible if: You are enrolled in at least ...

STUDENT LOANS, LISTEN UP. THERE ARE A NUMBER OF CHANGES BEING MADE TO REPAYMENT PLANS. AND THERE ARE SOME NEW PLANS AS WELL. IT’S ALL PART OF THE RECENTLY PASSED GOVERNMENT SPENDING BILL. THE ONE BIG ...

New Trump-era law means future law, medical, and MBA students may hit a financial brick wall—with private lenders ready to ...

STUDENT LOANS, LISTEN UP. THERE ARE A NUMBER OF CHANGES BEING MADE TO REPAYMENT PLANS. AND THERE ARE SOME NEW PLANS AS WELL. IT’S ALL PART OF THE RECENTLY PASSED GOVERNMENT SPENDING BILL. THE ONE BIG ...

Cosigning a student loan can help your child qualify for funding, but it also makes you legally responsible for repaying the debt Cosigning a student loan can be a valuable way to help your child ...