Parents who took on student loans for their kids' educations aren't included in Biden's new debt relief proposals

Jan 11 2023 by Business Insider

 
Students from George Washington University wear their graduation gowns outside of the White House in Washington, DC, on May 18, 2022

Stefani Reynolds / AFP)

The Education Department proposed reforms to income-driven repayment plans for student-loan borrowers. But borrowers with parent PLUS loans are not included in these proposals. An administration official said current law does not allow PLUS borrowers to repay debt on income-driven plans.

President Joe Biden has plans to significantly lower...

Continue Reading Parents who took on student loans for their kids' educations aren't included in Biden's new debt relief proposals