n June, the U.S. Department of Education in June issued new regulations aimed at protecting students who attend private career colleges. Under the new rules, a , Women Nike Shox NZ, school can only have access to federal student aid if at least 35 percent of its graduates are repaying their loans - or if graduates’ annual loan payments don’t exceed 12 percent of their earnings.
Critics say the new rules are a small step in the right direction, but don’t go far enough
“Unfortunately, it’s really a New Lebron James Shoes buyer-beware environment for people seeking higher education at culinary schools or other kinds of training programs,” said Lauren Asher, who heads the nonprofit Institute for College Access and Success.
Matt Foist, 46, regrets his decision to borrow $45,000 to attend the California Culinary Academy in 2005, when the Silicon Valley software engineer was looking for a career change.
They did a great job of selling it to me,” Foist said. “I was kind of tricked into believing that I would become a highly regarded chef in the San
Francisco area and that I would make a lot more money than the reality turned out to be.”
After realizing he wouldn’t be able to earn enough to cover his student loans, he decided to stick with software engineering. Five years later, he said he’s barely Nike Shox NZ Black made a dent in paying off his culinary school debt, though the settlement money will help if it comes through.
没有评论:
发表评论