department of education
The Department will:
Many colleges enter into marketing agreements with banks to promote their banking services on campus, often in exchange for financial benefits for the schools. These agreements may include provisions requiring students to receive federal aid disbursements on the banking partner’s prepaid or debit cards. According to the Government Accountability Office, at least 852 schools have agreements to provide debit or prepaid cards to their students.
When potential students search online with terms such as “become a police officer in Chicago” or “state trooper college,” a link to Westwood’s criminal justice program pops up near the top of the results. Many students reasonably believe that a Westwood degree would be a foot in the door at the Chicago Police Department or the Illinois State Police.
Often students leave these schools with high debt loads, even though their employment prospects may be no better than before. This means they may not be able to repay their student loans, save for emergencies, buy a house, or improve their economic opportunities.