Historically Black Colleges And Universities

Education
7:37 pm
Tue November 5, 2013

JCSU's Carter Pushes To Loosen Standards For Federal PLUS Loans

Congressman Mel Watt (D-12), talks about the "strange and marginal" connection between the mortgage foreclosures of 2008 and denial of Parent PLUS loans. "It was the housing meltdown that led to a number of these parents in a position where they did not qualify under the revised Parent PLUS standards," Watt says.
Credit Tasnim Shamma

Johnson C. Smith University President Ron Carter is urging the Department of Education to reconsider changes to the Federal Parent PLUS loan. Carter blames those changes for the school's recent three million dollar budget cut.

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