RadioBDC Logo
Die Young | Sylvan Esso Listen Live

10 tips to help cover tuition costs

7. Don't forget PLUS Loans Parents of undergraduate students should strongly consider PLUS (parent loans) as an alternative to private loans. PLUS Loans are available through the Ford Direct Loans . Parents may be reluctant to add to their debt, but even a small amount of additional borrowing can save the future graduate substantially. Aim to balance the borrowing between the parent and student. Graduate and professional students can (and should) also borrow PLUS instead of private student loans.
iStockPhoto.com
  • E-mail

    • E-mail this article

    Invalid E-mail address
    Invalid E-mail address

    Sending your article

    Your article has been sent.

By Kevin Walker, SimpleTuition.com

7. Don't forget PLUS Loans

Parents of undergraduate students should strongly consider PLUS (parent loans) as an alternative to private loans. PLUS Loans are available through the Ford Direct Loans. Parents may be reluctant to add to their debt, but even a small amount of additional borrowing can save the future graduate substantially.

Aim to balance the borrowing between the parent and student. Graduate and professional students can (and should) also borrow PLUS instead of private student loans.