While parent PLUS loans were initially intended as a tool for well-off families, says Robert Kelchen, a higher education professor at the University of Tennessee, Knoxville, they´ve increasingly become the loan of last resort for lower-income families.


However, as mentioned, just about anyone, from interns to business professionals can gain a lot through programs such as these. The chance to learn a language through cultural immersion is an obvious benefit to studying in China. But China is also an amazing and diverse country, with 22 separate provinces, each with their own unique characte

As mentioned earlier, part of the reason for the success of Chinese summer programs is the fact that they provide the individual with a cultural immersion. To many people China is an exotic, bewildering, but culturally dynamic plac

"These are intergenerational debts," says Alpha Taylor, a staff attorney at the National Consumer Law Center in Washington, D.C., focused on student loans.
"The parents have their own student loans, so they have their own debt that they´re carrying. And on top of that, they´re carrying their children´s debt, and the children are also in debt."

In January, the Department of Education unveiled details of a repayment plan overhaul that could halve monthly payments for many federal student loan borrowers.
But one group, the 3.7 million parents who owe parent PLUS loans, won´t benefit. Policymakers have long excluded parent PLUS loans from most relief, though the program looks much different today than it did during its 1980 debut.

Ukrainian servicemen try to help people who have been wounded in Irpin - as an increasingly delusional Putin is insisting that Russia is not bombing Ukrainian cities, despite mounting fears that 100 people are buried under rubble after an apartment block near Kyiv was struck and after a cluster bomb attack on the city of Chernihiv killed 49 earlier this week. A mother and two children were killed and the father was wounded by a mortar shell as hundreds of civilians sought safety

Earlier on Thursday, Social Services Minister Anne Ruston announced the government would provide an additional $9million to 83 emergency and food relief services supporting flood victims in northern NSW and Queensland.

Most borrowers with long-term parent PLUS loans who are considering bankruptcy to get relief should wait until the income-driven repayment waiver is applied before pursuing bankruptcy, says Stanley Tate , a Missouri-based bankruptcy lawyer who specializes in student loans.
The waiver could wipe out their loan automatically if they´ve been in repayment for over two decades.

Parents, who can borrow up to the total cost of attendance per child (minus other federal aid) with PLUS loans, use the loans to fill funding gaps after their student hits the borrowing limit of no more than $7,500 per year from the government.

Four income-driven repayment plans are available for federal student loans, but parent PLUS loan borrowers are eligible for only the . Payments are capped at 20% of a borrower´s monthly discretionary income for 25 years.
Any remaining debt is forgiven after that time.

However, it may be worth exploring bankruptcy now "if you´re someone who can´t afford Income-Contingent Repayment, you´ve had the loans for over a decade (and) you´re closer to your retirement than you are to the beginning of your work history," Tate says.

She saw a man have his leg blown off, an elderly couple with faces shredded by flying glass, people queuing for water wiped out before her eyes - and endured 19 nights cowering with other families in their local school before she managed to flee.

While Sir Tony's view offered much needed encouragement, he told the BBC's Sunday Morning show he feared the violence could get much worse because Russia's tactics were failing and Putin was becoming more desperate.

The couple were taken the next day to a hospital where medics have kept working despite the building also being struck by shelling. By this time there was a stream of people searching Mariupol for missing relatives.

Protesters argued that the mandate is unnecessary because of the low risk of infection for those under five, and that the rule is 'damaging' to the emotional and social development of young children. Along with a vaccine mandate for municipal employees, the under-fives rule is among the only Covid restrictions NYC Mayor Eric Adams didn't lift last week.

Starting this spring, a one-time automatic income-driven repayment account adjustment from the Education Department will give borrowers credit for any month the loan has been in repayment, forbearance or deferment, moving some parent PLUS loan borrowers closer to forgiveness.

‘It was so scary. When the whole building is shaking and you have your child next to you and you don't know if the next shell will land on your building… This is the terrible experience we all went through,' she says.