Several states maintain tuition recovery funds and performance bonds to reimburse students who are enrolled at one of the state’s private colleges if it closes.
* Default = 270 days late/missed payment on a federal loan and typically 90 days late/missed payment on a private loan (contact your lender for exact definition of default).
Get the money you need from leading lenders
Copyright © 2016 by Edvisors.com. All rights reserved.