Bad credit? Proposal eases student loan rules

People who’ve fallen behind on their debts will be able to take out federal Parent PLUS college loans under a proposed regulation relaxing credit requirements. Borrowers don’t have to show their income, employment status or ability to repay the loan.

About Joanne


  1. Taxpayers need to lend out more money to poor credit risks like they need a hole in the head.

  2. Because that idea worked so well in the housing market ~