Recently I’ve been researching the student loan system and how things work in non-U.S. based medical schools. Unbelievably there are three dozen island medical schools. That’s a crazy high number, just how many islands are there in the Caribbean anyway? Federal student loan aid is generally not available for these…
Well the final regs are out now. But they are 927 pages. This is gonna take a while to read through — and looking at Halloween costumes on Facebook is winning out right now. More to come later…. Happy Halloween everyone!!
ABC Action News interviewed two of our clients who have attended ITT and IADT: You can click on the ABC Action News above or type the above link into your browser. https://www.facebook.com/tampabaynews/videos/10154553756350409/ These students attended ITT and IADT here in Tampa several years ago and have tons of federal student…
We received a nice loan mod today with a P&I payment of only $746. For our bartender client that is great news and very affordable! She had even had a loan mod previously but had lost her job and was unable to pay so Wells Fargo filed another foreclosure action…
Florida has a history of being unusually lenient when it comes to debtor protections in bankruptcy. For one, we’ve opted out of the federal exemptions and have our own. The homestead protections are some of the best in the country. In some ways Florida’s exemptions are good, in others they…
Were you aware that when you tell a bill collector (including a student loan collector) to stop calling your cell phone, they must do so immediately? Well usually. It depends upon the type of telephone system the collector is using. If they are manually dialing the phone, then they can…
This is great news!! Many of us have been complaining about the Accrediting Council for Independent Colleges and Schools (“ACICS”) for the past year. This is the accreditor for both Corinthian and ITT. Both Corinthian and ITT were accredited up until the very day they filed bankruptcy. What does that…
Earlier this week I wrote about the transparency of costs of education and how private for-profit institutions are likely going to have to change their marketing to comply with stricter oversight by the CFPB and the accreditation agency for these for-profit private schools, ACICS. Well today I received an emailed…
We’ve been getting very interested lately in how schools, particularly for-profit schools, are representing the cost of education at their institutions. At ITT for instance, we’re learning that students were for the most part simply left in the dark about what their education would cost. By the time they learned…
I don’t think we have any Florida clients from these schools, but I hope this is a sign of what we can expect going forward for other for-profit schools (read ITT and IADT among others here) that misrepresent the costs of education. Funny, I am evaluating this issue right now…