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  3. PLUS loans are approved for some parents who cannot afford to repay them, several college financial aid officers and financially

PLUS loans are approved for some parents who cannot afford to repay them, several college financial aid officers and financially

admin2014-04-20  52
问题     PLUS loans are approved for some parents who cannot afford to repay them, several college financial aid officers and financially strapped parents say. They hold the view that many financially strapped and unsophisticated parents may be taking PLUS loans to help their children out now, not realizing that how much trouble awaits them if they start missing payments.
    The Department of Education says it is simply awarding PLUS loans according to the rules set by Congress: Federal law "provides no authority for the Department to deny an applicant a PLUS loan based on their perceived ability to repay the loan," a department spokesman explained via E-mail. Instead, parents can borrow as long as they don’t have what the law calls " adverse credit. " That low standard only cuts off parents with serious credit problems such as a bankruptcy, lien or foreclosure in the last five years, or a bill currently more than 90 days overdue.
    Because no one knows how many parents are taking college loans they can’t afford, there is debate over how big—or small—the problem might be.
    Nancy Lynn Hoover, director of financial aid at Denison University, thinks very few parents are getting in over their heads. She said many college aid officers may have noticed a difference in approval standards this year because on July 1, the federal government took over handling of all federal college loan applications. Before that, private banks, many of which had tougher lending standards for PLUS loans, were paid by the government to process most federal college loan applications. " I personally have mentored over 100 schools’ switch to the federal loan management system," Hoover says. " If it were a situation of much magnitude, I believe I would hear it. "
    But even a few loans to parents who can’t afford them at each of the more than 4,000 colleges in the U. S. would mean financial crises for thousands of families. Last fiscal year, about 737,000 parent PLUS loans were approved, out of an estimated 1.1 million applications. If a similar number apply this coming year, and the government continues its current policy, it will likely approve 825,000 parent PLUS loans.
    Sarah Bauder, assistant vice president of enrollment services and financial aid at the University of Maryland, said the PLUS approval rate for parents of her students has jumped from about 80 percent to 97 percent since the switch to the federal direct lending program. She says she knows at least a few of the parents who have been approved are jobless or teetering on the edge of bankruptcy. " Look at the housing market scenario. Five to seven years down the road, we’re going to be in the same situation for parent loans," Bauder warns.  
According to Nancy Lynn Hoover, the difference in approval standards______.
选项 A、has made little impact on society
B、is caused by private banks
C、results in more loan applications
D、is strongly opposed by colleges
答案A
解析 细节题。原文第四段中是Hoover对放贷标准放宽和放贷权力转换的看法，尽管她承认自政府接手了贷款申请受理以来，放贷标准的确有所放宽，但她在本段最后表示“If it were a situation of muchmagnitude，I believe I would hear it．”，这是一个虚拟条件句，实际意思是“我并没有听到什么反响，可见这不是什么大事。”因此，正确答案为[A]项。[B]项所述与原文不符，根据原文，放贷标准的变化是依据国会设定的标准，而不是由私人银行引起的。[C]项所述内容是根据第五段数据所推测出的，并不是Hoover的观点，故[C]项不符合题意。[D]项也不符合原文，据Hoover所说，已有100多所学校过渡到了政府放贷系统，可见并没有招致他们的反对。
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