For Profit Schools Turn Students Into Debt Zombies; It’s Time To Kill The Entire Pell Grant Program

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When you submit your Free Application for Federal Student Aid (FAFSA), income is not the only information you must provide and is not the only criteria the U.S. Department of Education uses to determine Pell grant eligibility.

During the 2015-2016 school year, over 900 students were receiving federal aid totaling over $48.5 million. Students face financial hardships. While the Department of Education’s efforts were intended to help students, it leaves many Charlotte Law School students scrambling to come up with the money to pay for tuition and living expenses.

A private not-for-profit university charges its students tuition of $1.55 million. However, financial aid grants total $330,000. In addition, the school receives a $111,000 grant restricted for faculty salaries. Of this amount, it spent $41,000 appropriately this year.

 · I am shocked I tell you. Just shocked. Who could have seen this coming? Department of Education Wonders “Why 40% of Student Borrowers Don’t Make Payments”. Over 40 percent of those in student loan programs have stopped making payments. Many borrowers have never made any payments. Zero. But since it is an election year, Obama.

For Profit Colleges - Predatory Practices Or Affordable Education?  · Off-Balance-Sheet Budget Fraud: Budget Deficit Accounting Fraud and the Off-Balance-Sheet Student Loan Scam; Time to scrap entire student loan program Pell Grants Turn Students into Debt Zombies: For Profit Schools Turn Students Into Debt Zombies; It’s Time To Kill The Entire Pell Grant Program

In other words, roughly 200 for-profit colleges are almost entirely funded by the federal government, although some of this funding is returned to the government when students repay their loans.

As robots keep replacing human workers in manufacturing and now retail and food servicing, fears have arisen that artificial general intelligence (AGI) machines will threaten mankind when.

The Federal Pell Grant Program was created to improve the access of low-income students to postsecondary education. Grant re cipients enroll at a variety of educational institutions, including four-year colleges and universities, for-profit schools, two-year community colleges, and institutions that spec ialize in occupational training. Grants are