Harvard Program Fails Federal Gainful Employment Test, Pauses Admissions

[AlbionGirl]

I once saw someone encourage an aspiring social worker to go to a fancy private school she’d gotten admitted to - that cost $60,000 a year - because she could just borrow the money, pay 10% of her discretionary income, then pay for 10 years and get the money forgiven.

This might end up being a serious mistake. Some people who thought they were in this program are having the rules changed on them retrospectively.

http://www.nytimes.com/2016/12/20/your-money/student-loans/they-thought-they-qualified-for-loan-forgiveness-years-later-the-answer-is-no.html