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. This brief highlights the struggles of Black parents who assume Parent PLUS loans on behalf of their children. This brief is the fourth brief in a series based on qualitative data from the National Black Student Debt Study, which includes a survey of nearly 1,300 Black borrowers and in-depth interviews with 100 borrowers. The brief combines data and quotes from the study with federal data. In recognition of the needs of Black borrowers, The Education Trust is encouraging Congress and the Biden administration to address the root cause of the student debt crisis by making college more affordable by doubling the Pell Grant and creating a federal-state partnership to make public two- and four-year colleges debt free. The Education Trust is also urging the Biden administration to cancel at least $50,000 in federal education debt and make Parent PLUS loans eligible for the proposed new income-driven repayment plan. [For a comprehensive report based on the study, "Jim Crow Debt: How Black Borrowers Experience Student Loans," see ED617539. For the briefs: "How Black Women Experience Student Debt," see ED622769; "Student Debt Is Harming the Mental Health of Black Borrowers," see ED622829; and "How Income-Driven Repayment Plans Fail Black Borrowers," see ED626476.]