Beware of Parent Plus Loans

NotYourBusiness
Sat, 13 Oct 2012 16:29:25 +0000

@GoalsOriented
I agree that PLUS loans should be available. But I also agree that they are dangerous and that people should be careful when getting these. You seem to imply that those who advocate limiting the PLUS loan are “every man, woman, and child for him/herself”.

Now, what about the Subprime Mortgage Loans, another dangerous financial product that could be helpful for some consumers. Who in this case are the “every man, woman, and child for him/herself”? Those who are in favor of it or those who want to limit it?