Which of Us is Responsible for the Parent PLUS Loans?

Question:

Dear Steve,

My ex and I have several Parent Plus loans for education for our son and now that we are divorced are both parties responsible for the total combined debt or each responsible for only the ones in our respective names? There is no mention of the student loans in the divorce settlement.

Jeff

Answer:

Dear Jeff,

The responsible party would be who signed for the loan. The best place to see whose name is on the loans would be to contact the servicer or login to the National Student Loan Data System and look at the details on the loans.

A divorce agreement is just an understanding between the parties on how they plan to deal with finances. It does not change or alter the original liability for a loan.

Steve Rhode Debt Coach and Author

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

See Full Bio

Consumer Debt Consumer Bankruptcy How to Get out of Debt Money Troubles Money Personalities Budgeting Behavioral Economics Motivation Inspiration Money Management The History of Credit and Debt Getting Out of Debt Get Out of Debt Debt Settlement Credit Counseling Loan & Debt Relief Scams Debt Relief Industry Practices Exposing Deceptive Financial Services Helping Consumers Navigate Financial Hardship Consumer Advocacy Consumer Debt Expert Consumer Protection Debt Relief Scam Student Loan Bankruptcy Debt Validation Debt and Mental Health Student Loans Debt Consolidation Debt in the Military