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It's Not Just Students — With Higher Ed Loans, Feds Profiting Off Parents, Too


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It's Not Just Students — With Higher Ed Loans, Feds Profiting Off Parents, Too

Deirdre Fulton, staff writer

Providing yet another example of why higher education should be free across the U.S., a new Politico investigation reveals how the federal government's Parents PLUS lending program has much higher interest rates and fees, and far fewer opportunities for loan forgiveness or reductions, than even the regular student loans driving the nation's debt crisis.