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Trade School Students No Longer Protected Under California Law
07 July 08 04:50 PM | Student Loan Girl | 0 Comments   

California students at for-profit colleges now have fewer legal rights if their institution goes out of business. The state law that regulated for-profit colleges, which enroll some 400,000 students, expired at the end of June and lawmakers recently rejected Read More...

Filed under: Arnold Schwarzenegger, California, California Association of Private Postsecondary Schools, Chronicle of Higher Education, college loans, Corinthian Colleges, financial aid, for-profit colleges, Governor Arnold Schwarzenegger, Los Angeles Times, NextStudent, student loans, trade schools, tuition

Financial Industry Woes Affecting Commercial Education
10 March 08 07:02 AM | Student Loan Girl | 0 Comments   

The current credit crisis, combined with recent legislation cutting federal subsidy payments to student loan companies that make federally guaranteed student loans, has begun to take a noticeable toll on commercial education companies. The past few months Read More...

Filed under: borrowers, Career Education Corporation, college, commercial education, community college, Corinthian Colleges, credit crisis, credit crunch, Credit History, credit requirements, economy, Fed, Federal Reserve, financing, income, ITT, ITT Tech, Jonathan Glater, Michael Dannenberg, New America Foundation, New York Times, NextStudent, private student loans, risk, student loan companies, student loans, subprime, tuition