Are there student loans available for parents to take out (in their name) for their child whom is independant?

Answer 1

None that are offered by the federal government. Unfortunately, the Federal PLUS Loan is only open to the parents of DEpendent undergraduates. It's incredibly unfair, I know.

There aren't too many loans like the one you're seeking, but I know of at least one reputable one: Sallie Mae's Tuition Answer Loan. This is an educational loan that would be in your name but would be borrowed on behalf of the student to cover his/her educational costs. Here's the info: http://www.salliemae.com/get_student_loan/find_student_loan/parent_loans/private_student_loans/tuition_answer/