Beware of Parent Plus Loans

UpperValley
Tue, 16 Oct 2012 12:17:26 +0000

While I do believe in personal responsibility, and I consider myself a financially informed/educated person, I feel that the government isn’t doing any favors when it puts up a program that can be, for some parents, a financial trap.

After health care, college is probably the second itemized expense for which most families will have a “do what you need to, think of the expenses later”. And college admission offices know that, and sometimes they push parents to take these loans.