New research contributes to growing issues in regards to a federal system that enables moms and dads to obtain loans to aid fund their children’s undergraduate training.

Approximately 3.6 million moms and dads had removed $96 billion in outstanding loans underneath the federal Parent PLUS system at the time of late a year ago, the research from Trellis analysis said. Parent PLUS loans now account fully for about one fourth of total lending that is federal undergraduates, a share that expanded from 14 per cent in 2012-13.

A growing part of moms and dads are also struggling to cover these loans off. Read more