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How to rip off student loans
#41
$tevie wrote:
[quote=RgrF]
If an institution is certified to accept guaranteed student loans, it's incumbent on that institution to perform at some minimal level. It would appear there is no authority available to certify or decertify the schools that are established for but one purpose -- cash checks from loan granting institutions.
My extremely reputable and highly regarded actual factual college accepted me back for another semester when even the bank questioned why they did so. I was doing very poorly for various reasons too personal to discuss here, so the bank called the college and asked, Do you really think we should lend her more money? Do you really think she is going to be able to cut it this year? To which the financial aid officer replied, Why sure, go ahead and lend her the money, we are confident that she'll be fine. Which I was not. (PS: I paid my loan back).
Again you were dealing with an actual educational institution, most of the entities I'm concerned about are clearly not.

BTW: Colleges and universities may deliver information and data but they seldom teach intuitive thinking, nor can they improve on native intellect. They can help hone it but no one can implant it.

$ and a number of other posters here have that native intellect and it's fun to watch them use it. Keep it up.
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