This is like most reports where honest citizens are baited into an egregious contract which solely benefits the lender and lendee.
Keep in mind... The student is not the lendee! In my situation, the "account executive" euphamism for salesman, lied about the following: interest rate on the loan, ability to defer payment until completion of program, falsified information on the contract.
The school is operated in a sub-par manner. THe classes are overcrowded and capacity is small in terms of cubic ft. For a $15,000 loan for EVERY student in each class, the equipment is at least 10 years obselete.
My first reaction in seeing the learning environment is that the money is certainly not being used to purchase equipment and technology. The "instructor" teaches directly from a proprietary book (who regulates the content)? And speaks rather quickly and briefly about the topics.
The school promises a "hands on" approach to learning but delivers the exact opposite. If you are considering enrolling in a adult education program, attend training at BOCES or another organization of the state.
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