My son went to Peabody on a 3/4 scholarship. He took out student loans for the remainder needed over the scholarship. For one semester I agreed to a Parent Plus loan in writing of $8900. On his 4th year, he was granted the Stafford bill from my husband to cover excess over the scholarship. My credit report and notices from Fed Loans indicates I have Parent Plus loans in excess of $120,000 to Peabody Conservatory.
I have asked for an investigation by loan forgiveness but they have denied it. I did not agree to the loans I am being charged with. Not only that, but just doing the math, it doesn't add up. I am being charged for his entire college attendance as if he were not awarded a 4 year scholarship (he graduated in 4 yrs). Is there a class action suit or attorney that wants to take this case?
You might find this helpful: What Happens If Child Gets Parent PLUS Loan without Parent's Permission (https://thecollegeinvestor.com/20981/child-forges-name-parent-plus-loan/).