<p>This does not exist for Parent PLUS loans only Stafford. Neither do the IBR or ICR repayment options. Parent PLUS loans are pretty much excluded from everything. There are going to be HUGE defaults to come. What makes me laugh are the statistics that the average student debt is $23K after 4 years…this does not take into consideration any parent loans or private loans the student may take out.</p>
<p>The numbers are so skewed and the system so flawed!!! But what are we the lowly taxpayers supposed to do???</p>