WTVY  | Dothan, AL  | News, Weather, Sports

Changes to PLUS Loan Program Keep Some Students Out of College

By: Associated Press
By: Associated Press

ATLANTA (AP) -- Thousands of students couldn't afford to go to college this school year because the U.S. Department of Education made changes to a popular loan program.

The agency is putting more scrutiny on the PLUS loan program as part of an effort to more closely align government lending programs with industry standards and decrease default rates.

The tougher eligibility requirements affected families and schools everywhere, but historically black colleges were hit particularly hard because so many of their students come from low-income families dependent on PLUS loans.

The National Association for Equal Opportunity in Higher Education is a group representing predominantly black colleges. The group says families of more than 14,000 students at historically black colleges were denied PLUS loans last fall.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WTVY-TV 285 N Foster Street Dothan, AL 36303 334-792-3195
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 193351971 - wtvy.com/a?a=193351971