Tag: Students Loans

Foster legislation to reduce student loan burden on parents

Congressman Bill Foster (D-IL) introduced the Parent PLUS Loan Fairness and Responsibility Act. This legislation would allow students to take over the student debt incurred by their parents on their behalf, providing a sensible solution for parents facing multiple financial burdens. This legislation would allow parents to transfer Parent PLUS

Student loan relief: Pritzker

By Peter Hancock Residents in Illinois who still owe money on private, nonfederal student loans can now qualify for temporary relief while the COVID-19 pandemic continues. Meanwhile, families with school-age children who receive food assistance will qualify for additional benefits. Governor JB Pritzker announced those new relief efforts Tuesday as