Re:California bans ITT tech from accepting new students
by BinaryIdiot on Tuesday August 30, 2016 @04:25AM
(#12388331)
Maybe? But I'm not sure what good it'll do them. When someone can't get a job they're not exactly going to be paying back debt faster, even if they wanted to. I can't see how them being more aggressive could really help the situation much if at all.
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Re:California bans ITT tech from accepting new students
by Klinky on Tuesday August 30, 2016 @04:39PM
(#12393699)
If most of their income is from guaranteed loans, then they are likely considerably less aggressive right now than they could be. Debt collection can also lead to wage garnishments. Never underestimate the desire to extract as much blood from a turnip as possible.