There’s a term for parents who borrow money through the PLUS program. They are called “idiots.” We did that one semester. Worst run program I’ve ever dealt with. Hey, I’ve got an idea! Let’s let them run our health care system, too!
Unfortunately too many parents have been sold on the idea to get a good job get a good education.
I do not think they are idiots. The colleges are making a bundle off of them though.