“The point at many of these schools is to get students in and signed up as fast as possible before they have much chance to consider their decision,” says Stephen Burd, a higher education expert for a public policy think tank New America Foundation. “This often means rushing students through the financial-aid process. Students often don’t understand what they have gotten themselves into until they have to start paying the loans back.” Original article

• Email this page

See all New America articles, appearances & citations from Consumers Digest