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With federal Parent PLUS loans now accounting for one fourth of borrowing for undergraduates, brand brand new data reinforce concern about moms and dads’ power to repay the loans.

With federal Parent PLUS loans now accounting for one fourth of borrowing for undergraduates, brand brand new data reinforce concern about moms and dads’ power to repay the loans.

A fresh research contributes to growing issues of a federal program which allows moms and dads to get loans to greatly help fund their children’s education that is undergraduate.

Approximately 3.6 million moms and dads had removed $96 billion in outstanding loans underneath the federal Parent PLUS system at the time of late a year ago, the analysis from Trellis analysis stated. Continue reading With federal Parent PLUS loans now accounting for one fourth of borrowing for undergraduates, brand brand new data reinforce concern about moms and dads’ power to repay the loans.