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  2. Student loan forgiveness: AOC offers tip for parent borrowers

    www.aol.com/finance/student-loan-forgiveness-aoc...

    More than 40 million borrowers are eligible for student debt relief. Single borrowers who make less than $125,000 in adjusted gross income (AGI) and heads of household or married filing jointly ...

  3. Student Loans: Here’s How You Can Transfer a Parent Plus Loan ...

    www.aol.com/student-loans-transfer-parent-plus...

    These loans are issued directly to parents and the interest rate for Parent PLUS Loans first disbursed on or after July 1, 2023, and before July 1, 2024, is currently 8.05%, according to Sallie ...

  4. I’m a Parent With Student Loans for My Kid — Can I ... - AOL

    www.aol.com/m-parent-student-loans-kid-230030377...

    When a payment plan through the university — while their child attends school — isn’t adequate, it’s often the case that parents decide to take a parent loan. See: 4 Red Flags as You Check ...

  5. Income-driven repayment - Wikipedia

    en.wikipedia.org/wiki/Income-driven_repayment

    Income-driven repayment. Income-based repayment or income-driven repayment (IDR), is a student loan repayment program in the United States that regulates the amount that one needs to pay each month based on one's current income and family size. The phrase is an umbrella term for four specific repayment plans that are available within the ...

  6. Federal Direct Student Loan Program - Wikipedia

    en.wikipedia.org/wiki/Federal_Direct_Student...

    The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [1]

  7. PLUS Loan - Wikipedia

    en.wikipedia.org/wiki/PLUS_Loan

    PLUS Loan. A PLUS Loan is a student loan, which is part of the Federal Direct Student Loan Program, offered to parents of students enrolled at least half time, or graduate and professional students, at participating and eligible post-secondary institutions. The original, now obsolete, meaning of the acronym was "Parent Loan for Undergraduate ...

  8. Will Student Loan Forgiveness Include Parent Plus Loans? - AOL

    www.aol.com/finance/student-loan-forgiveness...

    The Hill reported in June that, according to the latest data from the Department of Education, parents of 3.6 million students owe more than $107 billion in Parent Plus loans as of March 2022.

  9. The parents of dependent undergraduates can use a Direct PLUS Loan, commonly referred to as a Parent PLUS loan, to borrow up to the cost of the student's attendance each year with no limit on the...

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