Comment Re:does it surprise you? (Score 1) 541
It is because of government regs that they are doing this. School have to keep track of the student load default rate. if a school has one that goes to high then students there can no longer get title IV funding. This includes loans and most grants. without the loan money coming in the schools go bankrupt. this is a case of the school bing backed into a corner by auditors and rule makers from the government