The U.S. Education Department just announced that the national student loan default rate rose for the fourth year in a row and an Institute for Higher Education Policy study showed that only 37% of federal student loan borrowers actually made their payments without interruption over the past five years.
Another possibility is to ensure all Texas homeowners the right to an installment agreement to pay back delinquent taxes and resolve the issue on their own without an expensive and risky property-tax loan.
The government wariness of for-profit colleges is not without merit, as dropout rates and student loan default rates among their graduates are far higher than at traditional universities.
While larger companies will be able to continue developing projects, albeit on a smaller scale, withoutloan guarantees, small-business owners may be forced to abandon their projects.