A mom took out over $77,000 in student loans to send her son with autism to college. He got his debt wiped out — but she's still paying hers off with no end in sight.
Marsha Wipperman, 59, was willing to do whatever it took to give her son the best possible life.
Her son got accepted into the program, and while he received a few grants, they weren't enough to cover the full tuition. So Wipperman's son received federal student aid in his name, and Wipperman took out a $77,000 parent PLUS loan — a type of loan parents can take on for their kids that can cover up to the full cost of attendance.
He still has to adhere to a three-year monitoring period in which he has to verify that his disability status and income are unchanged, or his loans could be reinstated. "If his could be discharged, why couldn't the parent's if the parent loan was and only can be taken out for the student?" Wipperman said.Parent PLUS loans gave Wipperman's son the opportunity to attend college, and she wouldn't have done it any other way.
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