Thread regarding DeVry Inc. layoffs

Carrington students can no longer get Federal Perkins Loans?

Did I read this right about Carrington and Federal Perkins Loans? If so, what does this mean for Carrington?

"Carrington College has recently reassigned all outstanding Perkins loans to ED, and is no longer making new awards or disbursements. This action was taken based on the small size of the loan portfolio and in advance of the expiration of the authorization to award new loans, which will occur in September 2017."

https://www.sec.gov/Archives/edgar/data/730464/000114420417044976/v472999_10k.htm

by
| 1471 views | | 4 replies (last October 18, 2017) | Reply
Post ID: @OP+PNS5tZk

4 replies (most recent on top)

@PNS5tZk-1wpz, couldn't Adtalem have kept the program running until the middle of next year?

by
| | Reply
Post ID: @1hqs+PNS5tZk

Read the news. It's because the Perkins Loan program expired.

by
| | Reply
Post ID: @1wpz+PNS5tZk

Maybe because their Perkins default rate was 65% in 2016?

Well, at least it's a big improvement over other years

by
| | Reply
Post ID: @1brc+PNS5tZk

Maybe because their Perkins default rate was 65% in 2016?

by
| | Reply
Post ID: @wwv+PNS5tZk

Post a reply

: