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Author Topic: Parent plus Loan  (Read 2612 times)


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Parent plus Loan
« on: August 12, 2017, 06:46:33 PM »
My son went to  ITT Tech which has since been shut down by the government.  I was told I had to take out a parent plus loan for my son.  One of the many promises that ITT made was that they would help my son get a job in his chosen field after graduation.  This never happened. He graduated in 2015 and still does not have an IT job. 
My question is, am I still required to repay this loan or is there anything I can do to get it cancelled?  from what I am reading, I cannot be required to take our a loan, and I was pretty much told i had to.

thank you!


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Re: Parent plus Loan
« Reply #1 on: August 13, 2017, 09:19:04 AM »
You have to repay the loan unless you qualify for Borrower Defense To Repayment and are approved for discharge as a result.

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Re: Parent plus Loan
« Reply #2 on: October 16, 2017, 07:01:29 PM »
I've read that if an institution has been closed that loans were forgiven..But not how that works if he did graduate and it wasn't closed down while he was attending.