Sentences with phrase «loans on behalf of their children»

Indicates whether or not the lender allows parents who took out Parent PLUS loans on behalf of their children to refinance their loans.

In addition, more parents are taking out private loans on behalf of their children.

Not to mention, not all parents are able to cosign a student loan on behalf of their child.

The program is available to all employees who work a minimum of 20 hours per week, as well as employees who have taken out educational loans on behalf of their children.

It's not just millennials who are racking up the debt; baby boomers, either because they're taking out loans on behalf of their children or they're going back to school themselves, hold a significant portion of it, said Meta Brown, a senior economist at the Federal Reserve Bank of New York who joined Castro and Chopra at a session titled «The Impact of Student Debt on Housing Choices: Regulatory Issues Forum» on Tuesday.

Not exact matches

Current Direct Loan regulations (34 CFR 685.200 (b) and (c)-RRB- specify that graduate and professional students, and parents borrowing on behalf of their dependent children, may borrow PLUS loans.

In addition, more parents are taking out private loans on behalf of their children.Carlo Salerno, a Washington, D.C. education economist, says that parents are playing a much bigger role in paying for their children's education than ever before.

If you are a parent repaying PLUS loans taken out on behalf of your children, your eligibility for PSLF eligibility is based on your employment, not the employment of the student on whose behalf you borrowed.