Federal loans, what??

mom2collegekids
Mon, 02 Aug 2010 17:14:28 +0000

Yes, your parents can pay the Plus loans during the college years.

Are you saying that YOU will be responsible for some of the Plus loans? How much will YOU be responsible for?

If you have $27k in Stafford loans, that will be a lot right there for a new grad to pay back.

If your family borrows $23k per year for Plus, that means that they will be borrowing about $92k. That is a LOT of money. Will they qualify for each year? How much will YOU have to pay back?

What is your likely major/career and how much do you think you’ll be earning when you graduate?

What school is this?