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:
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