Re:When Unpaid Student Loan Bills Mean You Can No Longer Work
by gergles on Sunday November 19, 2017 @02:45PM
(#15735542)
Sure, but PLUS loans (for undergraduates) are obligations of the parent, not the student. The parent must agree to take out the loan and the parent signs the MPN.
The parent can, of course, take out unlimited amounts of money if their credit qualifies them to, just like they could by going to the bank themselves and asking for a loan.
https://studentaid.ed.gov/sa/types/loans/plus#how-much
It is possible to discharge student loans (not just Plus loans) in bankruptcy, but you have to basically prove that you can't survive while still making the payments. I don't know if it is easier to discharge the Plus loans or if they all require the same level of hardship.