Can a Parent PLUS Loan be forgiven?

The short answer is yes.

And no.

Confused yet?

You’re not alone. Among the myriad of confusing steps along the journey of paying for college, the forgiveness of loans borrowed by parents to pay for their children’s education is one of the most perplexing. It may also be one of the most critical questions for many families. With undergraduate federal student loans capped at $31,000, far short of the total cost of most four-year colleges, parents are required to bear much of the borrowing responsibility for college, and many are left wondering if there are avenues available to them for debt relief.

Learn the steps necessary to access PLUS Loan forgiveness on the College Coach Insider blog at blog.getintocollege.com.

Written by College Coach
College Coach® is the nation’s leading provider of educational advising, offering expert guidance from the best college admissions consultants on the college admissions and finance process. Our goal is to help each student maximize his or her chances of success through services focused on their personal desires, goals, individual strengths, and accomplishments.