Beware of Parent Plus Loans

lookingforward
Tue, 16 Oct 2012 15:09:36 +0000

I just can’t wrap my head around all the blame that goes to colleges-- don’t families have responsibilities to understand their options and the charges? The stuff is all over the web. The repayment schedules/costs are there.
Doesn’t the problem really start with families that will go into hock for college- and do so blindly?
I like the earlier suggestion that there be real loan counseling as part of the app for them- something where parents have to look up their charges and project the costs over the four years. Etc.