Married Parent PLUS Borrowers Left Out | Durham News

Married student loan borrowers are facing a tough financial crossroads as the new Repayment Assistance Plan (RAP) kicks in, making marriage a financial penalty — especially for Parent PLUS borrowers who are completely locked out. RAP’s income-based tiers hit harder as combined income climbs, with no room for living expenses, and millions of Parent PLUS loans — even those buried in consolidation — are permanently excluded by law. No exceptions, no appeals. For eligible married couples, filing separately could slash monthly payments, but Parent PLUS borrowers lose that option and also forfeit tax benefits. Those stuck with Parent PLUS debt have only traditional repayment plans left — including the Extended plan, which stretches payments over 25 years but piles on interest. The big question: will these options keep borrowers from defaulting — especially as retirement looms? Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/52b9e7590749209b