Defaults Impact For-Profit Schools
Press release from the issuing company
Monday, September 27th, 2010
Determined to put a degree or two on her résumé, Pamala Davis isn’t intimidated by the commute, the long hours or the thousands of dollars in student loan debts that she’s incurring.
New regulations are due in November that could forbid federally backed loans to programs and schools in which a certain proportion of students are defaulting on loans. And that might make it impossible for Davis to get the tuition help she needs to complete her degree in health care
