Posted in the Clinton Forum
#1 Oct 19, 2011
I am a student at Ashford, I receive financial aid and after receiving a letter telling me how much financial aid I will get the school got the money from the bank that did my student loans. what was deducted from the first half of the money was for tuition and electronic fees which left a balance negative $3200 which of that will come out one more class, the problem I have with them is instead of pulling out for that class and sending me the rest which is what I was told would happen they are holding on to the money to allow the school to accumulate interest on money I will in the long run pay back in student loan payments which means they are getting interest on money I am being charged interest on in the first place, they are making money in interest on money I am borrowing to pay for my education. Something is wrong with that picture. I think when I have $3200 left and of this $1170 is for one more class and $75 for ebook fee the remainder is still $1955.00 which would help alot since my husband is at this time unemployed but they don't care and I am sure other students are in the same boat given this economy which is the reason I am going to school to learn a new skill.
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