Who holds the primary responsibility for repaying a Direct Parent PLUS Loan borrowed to help finance an undergraduate student's education?

A The undergraduate student

B The parent borrower

C Both the parent and the student equally

D The institution the student attends

✓ Correct Answer: Option B

Direct Parent PLUS Loans are federal loans made to the parents of dependent undergraduate students, and the parent is solely responsible for repayment, not the student.

💡 Why is B) the correct answer?

The correct answer to the question "Who holds the primary responsibility for repaying a Direct Parent PLUS Loan borrowed to help finance an undergraduate student's education?" is Option B: The parent borrower.

The other options — A) The undergraduate student, C) Both the parent and the student equally, D) The institution the student attends — are incorrect for this College Advising question. As explained above: Direct Parent PLUS Loans are federal loans made to the parents of dependent undergraduate students, and the parent is solely responsible for repayment, not the student.

📚 About This College Advising Practice Question

This 1-level College Advising question from the Financial Aid & Scholarships topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free College Advising practice test or use flashcards for spaced repetition review.

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Who holds the primary responsibility for repaying a Direct Parent PLUS Loan borrowed to help finance an undergraduate student's education?

✓ Correct Answer: Option B

📚 About This College Advising Practice Question

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