by Kali Grant, Megan Rivera, Estela Zuzunaga and Shamaal Sheppard | Dec 18, 2024 | Brief
Postsecondary education is more than just a pathway to a degree—for many parents, it is a dream for their children’s future. Yet the soaring costs of higher education have made this dream increasingly unattainable, forcing families to rely on risky borrowing options like the Federal Direct Parent Loan for Undergraduate Students (Parent PLUS). Parent PLUS disproportionately saddles low-income parents and parents of color with immense, often unrepayable debt. Parents can face wage garnishment or risk losing a significant source of income—part of their Social Security benefits. This system can warp the promise of postsecondary education into an intergenerational burden. This brief proposes four recommendations to improve the Parent PLUS program and help ensure students and their parents are not driven into debt-burdened poverty to access higher education.
by Shamaal Sheppard and Kali Grant | Dec 18, 2024 | Blog
Parent PLUS, the only federal financial aid option designed for parents in the United States, can open doors to higher education. But for parents with low incomes and parents of color, Parent PLUS imposes serious risks—including crushing, unrepayable debt that can put rent, groceries, and retirement in jeopardy. This blog post outlines four policy recommendations to protect Parent PLUS borrowers, prioritize racial equity, and mitigate harm. Policymakers must act to make sure college is a pathway to opportunity—not an intergenerational financial nightmare.
by Cara Brumfield and Shamaal Sheppard | Oct 24, 2024 | Brief
Since the overturning of Roe vs. Wade in 2022, many low-income women have nowhere to turn: they face the economic repercussions of being denied abortion care and lack access to the support they need to care for a growing family. This brief looks at how abortion bans and insufficient public benefits at the state level affect women and families. It finds that states with abortion bans often do not provide enough supportive resources for growing families, like health care, food assistance, and cash support. The brief also offers federal policy recommendations to help families meet their everyday needs—no matter what state they live in.
