From DaveRamsey.com….
A Parent PLUS Loan is anything but a plus for your financial goals. In fact, this kind of borrowing is a special kind of toxic because it involves a student and their mom or dad. The only thing worse than debt is the kind that hangs over a family relationship! But don’t freak out if you’re already in one. There are steps you can take to pay it off fast. And if you’re just considering taking on a Parent PLUS Loan, we’re going to talk you through how it works—and how it fails.
