Limit to Parent Plus loan?

slipjig
Fri, 06 Jul 2012 09:43:44 +0000

If a family has a good income and a squeaky clean credit report, is there an actual limit to how much can be borrowed with a Parent Plus loan?

Is it possible to borrow upwards of $175,000-$200,000 for 4-5 years?

I am not asking for me, honest! I could never support that debt service.

Everything I have learned about a PP loan says that they are not income dependent, but I’ve never seen anyone considering borrowing this much.