NJ parents may soon lose unlimited borrowing for college tuition
By: Jen Ursillo | Published: 2026-03-13 18:20:51 | Source: nj1015.com
🎓 A new federal rule will cap how much parents can borrow through the Parent PLUS Loan starting July 1.
💰 New borrowers will be limited to $20,000 per year and $65,000 total per student.
⚠️ One NJ financial expert warns many families may scramble to cover tuition bills when the new limits take effect.
College Decision Day is May 1, and first-time parents sending their children off to…
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