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Parent Loan Debt

When parents borrow money to pay for their children to go to college, they don’t often expect to be repaying […]

October 19, 2012

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Parent Loan Debt
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When parents borrow money to pay for their children to go to college, they don’t often expect to be repaying their loans for the rest of their lives. But a new investigation reveals that many of the federal government’s Parent PLUS loans are going to families who often don’t have the ability to repay them.

Guest: Marian Wang, reporter with ProPublica, an online investigative news service that partnered with The Chronicle of Higher Education on the story, “No Income? No Problem! How the Gov’t Is Saddling Parents with College Loans They Can’t Afford” (also titled “The Parent Loan Trap”)

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