When a PLUS is a Big Minus: The Biggest Mistake Parents Can Make

We’re heading into that whirlwind time of year when high school seniors receive their college acceptance letters and the decision-making begins.

It’s such a dangerous time for parents. Your instinct is to encourage your kid to follow her dreams, and enroll at her favorite school.

PLUS loans are federal loans available to parents of college students

wachovia personal loans rates

The most loving long-term ily toward a college that makes financial sense for everyone. And parents, that means being very, very careful about borrowing a penny to pay for college.

I want you to stand in your truth and carefully consider if you can afford to take out PLUS loans.