College costs often exceed the amount families can pay up front and students can borrow. To cover the leftover expenses, many parents take out federal loans in their names. These Parent PLUS loans ...

・Parent PLUS borrowing will be capped beginning July 1, 2026: up to $20,000 per student per year and $65,000 lifetime per child. ・New Parent PLUS loans after July 1, 2026 lose key repayment ...

Parent PLUS loan borrowers must act quickly to consolidate loans before July 1 changes eliminate income-driven repayment options.

Parents with existing Parent PLUS loans, or those who plan to take out loans under this program in the near future, should be aware that the rules are set to change on July 1, 2026. Thanks to ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Ariel Skelley/Getty Images Parents ...

A popular method parent borrowers can use to qualify their student loans for income-driven repayment is going away soon. Borrowers with Parent PLUS loans need to take several steps soon if they want ...