Use the parent plus loan to help pay for college

The cost of college continues to rise and with incomes staying relatively static or even worse, unexpected job loss, paying for your child’s college education can be a source of great anxiety. There is a little known option offered by the federal government that may help you. Let’s take a look at the parent plus loan. The parent plus loan is a loan taken out by a parent on behalf of a child to help pay for tuition and other school related expenses at a qualifying college or university, or