Parents are increasingly shouldering the student loan burden and risking their financial health to do it, according to a new report from the Brookings Institution, a nonprofit public policy organization. In its analysis of debt taken on through the federal parent PLUS loan program, Brookings found that: Balances owed by parents have more than tripled... Anna Helhoski is a writer at NerdWallet.

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  • How Student Loan Debt Impacts All Ages and What Trump’s Administration Can Do
    When this long struggle results in default, the consequences can be devastating. One in three older borrowers— roughly 800,000 people —is in default on their loans. When in default, borrowers risk ...
    01/9/2025 - 1:08 am | View Link
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