#ParentPlus

Education & Work

@educationwork.newamerica.org

3 weeks ago

How Universities Use Subprime Loans to Steer Low-Income Families Into Debt A new report identifies 41 universities that steer low-income families to Parent PLUS loan debt they cannot afford, at the same time that they provide large tuition discounts to wealthier students.

ICYMI: #ParentPLUS loans have become a hidden financing tool for universities.

Our latest report details how schools (like the @uofalabama.bsky.social 🐘👀) are using #enrollment management strategies to discount tuition for wealthy students—while trapping low-income families in debt.

FAFSAFred (aka Jack Wang)

@fafsafred.bsky.social

2 months ago

Federal loans may fall short. Nonprofit & private lenders can help—but compare like it’s a used car lot. Read the fine print, skip the leather seats. 🎓 #CollegePlanning #StudentLoans #ParentPLUS

zurl.co/9BCv5

Avery Hudson

@averyhudson.bsky.social

3 months ago

Nursing groups decry proposed federal loan changes as Trump admin calls out 'commonsense' lending limits Nursing groups are pushing back against changes by the Trump administration to federal loan eligibility rules that exclude nursing from the "professional degree" classification.  | These changes will ...

Trump Regime Says Nursing Isn't a "Professional Degree." #ParentPlus #OneBigBeautifulBillAct #OBBA #DepartmentofEducation

FAFSAFred (aka Jack Wang)

@fafsafred.bsky.social

6 months ago

💣 Student loan “forgiveness” in 2026 = the IRS sending you a surprise bill.

That $40k wiped away? Could mean $7k–$12k in taxes. 🫠

Parents + grads: the tax bomb is real. Get ready.

👉 qz.com/student-loan-forgiven...

#StudentLoans #TaxBomb #CollegeDebt #ParentPLUS #FinancialPlanning

The Asiancy

@theasiancy.bsky.social

10 months ago

Republicans plan to overhaul the federal student loan system. Here's what to know The Republican proposal would eliminate Grad PLUS loans, set strict limits on Parent PLUS loans and create a system in which colleges would be on the hook if their students don't repay their loans.

#WTF? #FuckTheRepublicanParty!

"It also ends the #GradPLUS loan program, sets strict limits on #ParentPLUS loans and envisions a new system whereby #colleges and #universities are #forced to #reimburse the #FederalGovernment for a share of the #debt when #students fail to repay federal loans."

National Consumer Law Center

@nclc4consumers.bsky.social

11 months ago

Proposals to Alter Student Loan Repayment Would Worsen Crisis of Older Adults Struggling with Student Debt Low-Income Borrowers Could Be Left in Repayment Until Death, and Parent PLUS Borrowers Would Be Left Without Affordable Payment Options

“Under this proposal, many of these borrowers would struggle for decades and die trying to pay off their student loan debt,” said Alpha Taylor, staff attorney @nclc4consumers.bsky.social. #ProtectBorrowers #DefendStudents #IDR #ParentPlus www.nclc.org/proposals-to...