What to Know About Parent PLUS Loans: 5 Startling Statistics
BestColleges
FEBRUARY 15, 2024
billion in outstanding Parent PLUS loans. [1] trillion of student loan debt. Note Reference [1] Check Since 2014, the outstanding balance on Parent PLUS loans has increased by more than 72%. 3] Check As of 2021, more than 1 in 10 Parent PLUS loan borrowers was in default four years after their child graduated. [4]
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