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The Parent Plus Parity Act amends the Higher Education Act to expand relief options for parents who borrowed Federal Direct PLUS loans on behalf of students. The bill makes income-driven repayment plans (including Pay as You Earn and Saving on a Valuable Education plans) available to PLUS loan borrowers, establishes discharge provisions for total and permanent disability of the student, creates automatic discharge when a student's own loans are discharged, allows PLUS loans to qualify for Public Service Loan Forgiveness, and authorizes the Secretary of Education to discharge PLUS loans based on borrower hardship.
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