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College and University Discussion
Reply to "The End of College Life - Wash U Prof's article in the Atlantic"
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[quote=Anonymous][quote=Anonymous] Trump and his project 2025 people have proposed ending Parent Plus loans. These are the federal loans parents take when their children max out the $6500 a year the child can take in loans. There is no max to these loans. This won’t impact the places Trump wants to punish because there are plenty of full pay and endowed scholarships, but it will drive the other thousands of colleges to reduce their price or just go out of business. I guess Trump would like that too. https://www.usatoday.com/story/news/education/2023/12/03/parents-struggle-student-loan-debt/71680559007/ [/quote] The article you linked to says that these loans are being taken by people who can't afford them, driving them into debt, with a 10% default rate overall and 20% amongst Black community. It is a damning indictment of the Parent Plus program.[/quote]
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