Parent Plus Loan information and experiences

Spring4
Fri, 21 Jul 2023 15:38:04 +0000

I would have to go way off topic to address the other types of loans that you describe in your post, but no, these are not comparable at all to how parent plus loans are structured.

I did pull a few CDSs from schools that do disclose this information re: school revenue sources, non-redacted, to the general public on their websites. It’s not an accident that the three schools that I pulled (two private, one public, three different regions in the US), all receive about the same amount in PPL revenue as revenue from student work-study programs.

That was a decision made by people in positions of power to enable colleges-all colleges-to persistently raise COA over the past one and a half to two decades.

And I have seen multiple posters, all of whom seem employed by colleges and universities in the administrative offices, based on the content of their posts, who defend their need for access to more money from anywhere, from anyone but them.

It’s fine and dandy to pay cafeteria workers more, or renovate a dorm built in the 1970s, or buy lab equipment. Until the people in positions of power over where college and university revenue is sourced admit that this system- of relying as much on PPL revenue as students work study- is a problem and take active steps to reduce and eliminate their reliance on this revenue source, well, the complaints that they make about other social problems that result from this lack of action and unwillingness to take responsibility for their own role in this mess will go unaddressed. The federal government can’t fix that on its own.