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Jackson, Victoria; Williams, Brittani; Mustaffa, Jalil B. – Education Trust, 2023
Approximately 43 million Americans collectively owe $1.5 trillion in federal student loan debt, but students aren't the only ones drowning in student debt. Increasingly, parents, particularly Black parents, are taking out Parent PLUS (Parent Loans for Undergraduate Students) loans and putting off retirement to help their children pay for college.…
Descriptors: Student Loan Programs, Financial Aid Applicants, Parents, Undergraduate Study