Now that I work for a startup that helps people pay off debt and understand more about student loans, I realize why it's not such a big deal to colleges like this if the students don't graduate. As long as a student stays enrolled for a few weeks, they're on the hook for those loans even if they end up dropping out. The student receives a new load of debt with no degree while the school still gets paid.
Lawyerly Fine Print:
John Gear Law Office LLC and Salem Consumer Law. John Gear Law Office is in Suite 208B of the Security Building in downtown Salem at 161 High St. SE. That is right across High Street from the Elsinore Theater, a half-block south of Marion County Courthouse.
John Gear is only licensed to practice law in Oregon. This site may be considered advertising under Oregon State Bar rules. There is no legal advice on this site so do not take anything you read here as advice for your particular problem or situation. And I do not represent you and I am not your attorney unless you have hired me with a representation agreement. While I do want you to consider me when you seek an attorney, you should not hire any attorney based on brochures, websites, advertising, or other promotional materials. All original content on this site is Copyright John Gear, 2010-2022.