Update On Student Loans
Posted by admin on 9th December and posted in scholarships
The House has approved the largest overhaul to the college financial aid system since it was created in the 1960s Thursday. However, those changes would be too late for many Texas as new numbers show Texas has the second highest default rate in the nation for student loans.
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Direct Loan …
Direct Loan Policies are the real issues here. The system sets up the graduate with stipulation that they will start churning out cash the next day. Thats not the case so they amended the policies which enables the Department of Education to circumvent due process in order to collect on defaulted student loans. Its no risk lending on their part. They are guaranteed a return on investment AND indentured servitude for life.