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DePaul and Loyola accused of pushing low-income families toward hefty loans while favoring wealthier students
The report shows 45% of Parent PLUS loan borrowers at 41 colleges are parents of Pell Grant recipients, with average debts often exceeding $29,000, highlighting financial strain on low-income families.
Summary by Chicago Sun Times
3 Articles
3 Articles
Colleges Steered Pell Students to Parent PLUS Loans, Report Finds
The New America report identifies institutions where a high rate of families who took out Parent PLUS loans are low-income. Students at dozens of universities who are eligible for Pell Grants also take out Parent PLUS loans in order to afford tuition and other costs, raising questions about how some colleges dole out their institutional aid dollars.
·Washington, United States
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Usa newsDePaul and Loyola accused of pushing low-income families toward hefty loans while favoring wealthier students
The two Chicago universities are among 41 named in a national report highlighting schools that appear to push lower-income families to take out loans they can’t afford.
·Chicago, United States
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Total News Sources3
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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