Parents looking to take out federal Parent PLUS loans to fund their child's college education will now be limited to caps of ...
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 ...
New borrowing limits and stricter repayment terms for federal financial aid are coming as part of President Donald Trump's ...
But, if you do take out a parent PLUS loan and expect your child to be partially or fully responsible for paying it back, ...
Connecticut officials say the student loan changes will keep people in debt far longer than they needed to be and limit education options for those with less money.
Imagine you’re a high school senior nearing graduation and eyeing the start of your college career. You have the grades to get into a good school but fall short of earning a full scholarship. However, ...
What the “One Big Beautiful Bill Act” means for student loans: Medical students and many middle-class parents could be in for a shock.
The Federal Direct Parent Loan for Undergraduate Students (PLUS) is an optional federal loan program for parents of dependent students who wish to access additional resources. This credit-based parent ...
Paying for college is one of the biggest financial hurdles students and parents face — whether you're starting your undergraduate degree, thinking of graduate school, or looking to start a nest egg ...
James from New York graduated from college nearly a decade ago. But his parents just informed him that they had taken out a parent PLUS loan to help pay for his college tuition — a loan he wasn’t ...
Recently, Jay from Charlotte, North Carolina, called into The Ramsey Show (2) with a dilemma. He and his wife initially gave ...