Parent Plus Loan, Who Is To Blame?

In the last two posts titled, “Parents, Are You To Blame,” we discussed the rapidly increasing amount of student loan debt through Stafford loans and the Parent plus loan.

There we posed the question: who is actually to blame for all of this student loan debt that has been accumulating over the years through the parent plus loan.

If you didn’t get to read the first part of the article, you can view it here.

If you missed the second part of the article, view it here.

In this last part of the three part series, we will come to the conclusion on who is to blame for the student loan debt crisis through Stafford loans, private loans, and the parent plus loan.

parent plus loan 

One last thing that I noticed when I was in college was that the students who were responsible for paying for their own college education took college more seriously than the students whose parents took the responsibility. I remember being in my Pre-Calculus class with another student. He was a junior at the time (and I was just a freshman). I asked him what he was majoring in. He said he didn’t know. He was just going to college because his parents told him to and they were paying for it. If you are a junior in college and you still don’t know your major, you are most likely not graduating in 4 years. You are going to need an extra year or two years (maybe more) before you are able to graduate unless you just major in general studies. Parents, understand that an extra year or two in college means extra money that it will cost before graduation. For some, this will equate to more student loans, including the parent plus loan, that will have to be taken out.

So who is actually to blame for the student loan debt crisis through parent plus loans?

Sure, we can blame the government and colleges. They shouldn’t have allowed it to get this out of control. But ultimately, students and parents are to blame for the student loan debt crisis through stafford, private, and parent plus loans. At the end of the day, it is your debt that you signed up for. Each person has to take responsibility for their own actions.

One last note: Parents and students, if you don’t know something or don’t understand something completely, you should seek help from a professional.

By: Shanice Miller, Founder of

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