Parents, Student Loans, and Government: An Unhealthy Mix

Parent PLUS is not typically the loan program making headlines when student loans are in the news. But over the past several years, it has become a central part of America’s higher-education financing system. Under Parent PLUS, parents can borrow freely—with no limit—from the federal government to support their children’s education. Government programs without significant … Continue reading “Parents, Student Loans, and Government: An Unhealthy Mix”


Why Colleges Should Be Allowed to Limit Students’ Federal Loans

Student loan debt, now totaling roughly $1.3 trillion, is the second largest source of debt in the United States. This is especially concerning given that there are presently eight million people in default on their student loans. Under federal law, colleges, especially those with open enrollment such as two-year technical schools, face severe consequences if, for … Continue reading “Why Colleges Should Be Allowed to Limit Students’ Federal Loans”


The Private Student Lending Industry’s Death Has Been Greatly Exaggerated

Mark Twain’s famous quip about the rumors of his demise applies to the private higher education lending industry. Many people think that because Congress did away with the nominally private Federal Family Education Loan Program in 2010 and the Education Department’s Federal Direct Loan Program has been mushrooming, the private lending business must be dead, … Continue reading “The Private Student Lending Industry’s Death Has Been Greatly Exaggerated”