Parent PLUS Loan Changes for 2026

Parent PLUS loans are about to get a lot more complicated, and most families have no idea what's coming. In this episode, senior student loan advisor Lauryn Williams, CFP®, CSLP®, AFC®, sits down with student loan expert Janna McKay, AFC®, CSLP®, to break down the biggest changes affecting Parent PLUS borrowers. You'll learn about the end of double consolidation, new repayment access rules, and what the July 2026 deadline really means for forgiveness and Public Service Loan Forgiveness (PSLF). If you're a parent helping kids through college, this episode could save you from a costly mistake.

Key moments:

(06:38) Why double consolidation is officially dead (and what replaces it)

(08:10) Quick clarification for borrowers who don't have Parent PLUS loans

(13:38) Real client cases where consolidation mistakes caused major problems

(22:43) Why borrowing after July 2026 could permanently block PSLF for parent borrowers

(33:18) Legacy provisions for borrowing before July 1, 2026 vs. borrowing after

 

 

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