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Low-Income Students: A Case Study

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ITT Educational Services operates more than 150 institutions across nearly 40 states. They have strategically pried many of low-income students in getting private loans, and rushing them through the financial aid process. The interest rate was more than 16 percent, and most students could not pay off the temporary loan within nine months, as required. Their bachelor associate's degree is a higher cost than programs public universities or community colleges. Like many other for-profit college companies, ITT enrolls large numbers of lower-income students. These students are subjective to rely on other resources such as private loans to pay for school because federal student loans and Pell grants to pay for school exceeds their student aid

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