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Parent Plus Forgiveness Loans are loans where the parent or spouse of the person who attended school has accepted responsibility to pay back the Federal Student Loan debt.
There can be a great misunderstanding with this type of loan. Most people believe they were co-signing a loan, but that is incorrect. They are responsible for 100% percent of that debt.
Parent Plus loans have a much higher interest rate, but there is good news. We process Parent Plus the same way we process individual clients. We are able to find forgiveness programs for both Parent Plus and the individual student.
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