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Sallie Mae rolls out parent loans to cover university

As moms and dads face the outlook of spending money on college this fall, Sallie Mae is providing a brand new choice for those considering borrowing to pay for expenses.

The private loan provider stated Tuesday it is now supplying moms and dad loans cheaper than the federal federal federal government. Sallie Mae joins an expanding market of organizations promoting options towards the federal Parent Plus loan, among the government’s many lucrative pupil help programs. The program that is federal come under fire for high costs, minimal defenses and saddling moms and dads with financial obligation they can’t pay for. Continue reading