Massachusetts Department Of Greater Education

Higher EducationMy good friend Richard is a Licensed Sensible Nurse who not too long ago determined he wanted to return and earn his RN diploma and pursue more difficult, specialized fields in the nursing area. At community faculties and profession-training schools, for example, where decrease tuition prices are notably enticing to low- and center-earnings households, only 25 to 35 percent of the students have been accredited for private scholar loans this year, in response to Harris Miller, president of the Career School Affiliation, in comparison with the 75 to 80 percent that qualified last year.

The stricter credit score standards and growing shortage of personal student loan lenders are already having a dramatic affect on the number of students who will be able to rely on non-public pupil loans to assist them pay for school this semester — particularly those low-income college students who may have probably the most monetary help …