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Sallie Mae rolls out parent loans to cover university

This fall, Sallie Mae is offering a new option for those considering borrowing to cover costs as parents face the prospect of paying for college.

The lender that is private Tuesday that it’s now supplying moms and dad loans cheaper compared to the federal government. Sallie Mae joins an expanding market of organizations marketing options towards the federal Parent Plus loan, among the government’s many student that is profitable programs. The federal system has come under fire for high costs, minimal defenses and saddling moms and dads with financial obligation they can’t pay for. Continue reading Sallie Mae rolls out parent loans to cover university