• Skip to main content
  • Skip to primary sidebar

Ask Liz Weston

Get smart with your money

  • About
  • Liz’s Books
  • Speaking
  • Disclosure
  • Contact

The minus side of PLUS loans

August 13, 2015 By Liz Weston

Student-LoansParent education loans can help your child attend the college of her dreams — and sink any dreams you had of ever retiring.

The grim reality is that the federal PLUS loan program allows parents to borrow far more than they can comfortably, or even ever, repay.

In my column for Reuters, I explain why the easy lending practices of PLUS loans can lead to a lifetime of debt.

In DailyWorth, I do a little mythbusting of “good” credit habits that are actually bad for you.

Related Posts

  • College refinancing options open up for parent PLUS loans

    Parents who borrowed to put their kids through college now have several options to refinance…

  • Unlock the debtor’s prison of student loans

    Earlier this year, a judge denounced the myth that student loans can’t be erased in…

  • Tax traps that side hustlers should avoid

    Millions of Americans earn extra money outside their regular jobs — as ride-hailing drivers, Airbnb…

  • Erasing student loans in bankruptcy court

    Education debt typically isn’t erased in bankruptcy court. That doesn’t mean it can’t be. Ask…

Filed Under: Liz's Blog Tagged With: bad credit habits, financial aid, financial bullies, PLUS loans

Primary Sidebar

Search

Copyright © 2025 · Ask Liz Weston 2.0 On Genesis Framework · WordPress · Log in