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What to know about changes for parents taking out student loans for their kids
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What to know about changes for parents taking out student loans for their kids
Parents who take out student loans for their kids could see repayment changes in the new year.Jon Lovette/Getty ImagesThe Education Department is rolling out changes to the Parent PLUS student-loan program.The changes include a $65,000 lifetime borrowing cap, or $20,000 per year.It could leave some parents without sufficient financing to pay for their kids' education.Parents could see big student-loan changes in the new year.Beginning July 1, 20…
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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