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Political Factoid
The Parents Plus loan program
was started during the G.W.
Bush administration, loans
to parents of college
students at 7.9% fixed, and
the initial loan money paid
directly to the school.
Federal loans cannot be
discharged by bankruptcy.
. . . and those parents
now owe 4, 5, 6 times as
much money as the value
of the original loan.
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