Can A Parent Loan Be Transferred To The Student?

Federal parent PLUS loans can never be transferred to the student. If you borrow a parent PLUS loan for your child’s education, you’re the only one legally responsible to repay the debt. What you can do is this: Borrow the PLUS loan now. Make monthly payments on the debt or defer payments while your student... Anna Helhoski is a writer at NerdWallet.

Topics:  personal finance   
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