[asphaltgambler]

That is a h3ll of a (and inspiring) story of determination and accomplishment. Sallie-may who is the guarantor of these loans only specifies that the educational institution meets their guidelines. It is assumed the borrower knows what he/she is doing

A related (somewhat) story........back when the Tech boom in the DC/Va/MD area was in full swing there were numerous for profit IT schools popped up and doing business. When the Tech boom went bust...........................so did some of the schools and the students loan money.

There were numerous cases where just before a school shut down, diminished teaching hours, reduced staff, etc. Then one day the students showed up for class and there was no "school" - just an empty building

These same students complained to their financial instituion and Sallie-May. The schools had fleeced them and was gone.along with their money. And most were no where near graduation. The response was...........tough *****. You borrowed the money, it was up to you to choose wisely. You still owe the money. Period.

Now that IS a tough situation.