The U.S. Makes It Easy for Parents to Get College Loans---Repaying Them Is Another Story

The federal Parent Plus loan program has millions of borrowers, many with subprime credit ratings. Its default rate exceeds the rate for U.S. mortgages at the peak of the housing crisis, and the debt is almost impossible to extinguish through bankruptcy.

from WSJ.com: US Business http://ift.tt/2q7eIH4
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