<prompt> Human: My parents took out a loan to help pay for my school when I was in college. They did the parents plus loan method. I pay this loan every month and the interest rate is 6.8. Has anyone in here transferred the loan to their name? I called Mohela and they said they could not do it. I feel that is somewhat wrong...I want to put that loan in my name and not theirs. Its my loan and Id like to pay it now. I have a steady income and I want the payments to reflect on my credit and not theirs. Thank you! EDIT: Thanks for all the advice everyone! Much appreciated. I learned something new, you cant transfer a PLUS loan to your name. Good grief...  <response>: You dont. The loans are your parents responsibility, not yours. Thats the whole point of them. You can refinance but I dont think theyd be student loans anymore and youd need the income, credit, etc to be able to refinance. 