Monroe College was one of three postsecondary institutions to be recognized by USA Funds with a 2012 Excellence in Debt Management Award for promoting financial literacy and helping students minimize and manage their student loan debt. Citing the college’s comprehensive Debt Reduction, Education, Assessment and Management (DREAM) project, USA Funds will award a $10,000 grant towards student scholarships.
“Students are more successful while in college and after graduation if they manage their loan-debt responsibly,” said President Stephen Jerome. “Because Monroe College is committed to our students’ futures, guiding them to properly manage their personal finances and helping them establish the resources to do so, is essential to their development as productive citizens and integral to their positive experience at the college.”
Read about the award-winning Monroe College DREAM Project
“We are grateful for being recognized and will enthusiastically use the awarded funds to support the education of our students,” he said.
Monroe College is much famous for promoting financial literacy
Monroe College is much famous for promoting financial literacy amongst the students, and takes care to make them responsible for paying the debt for student loan. If, you are a student and you want to be independent, you can find relevant information on the various web resources, and read more about the process of applying for loan, and paying it back.
Article proving some Monroe college fabrications
Here’s an article documenting the lies they make up with their phony business. This is worse than the mortgage fraud which went on years ago. These “graduates” are unemployable and now have to be retrained. http://www.thenewyorkworld.com/2012/07/13/career-school/
The true default numbers are high and screaming higher. Hopefully it won’t be too late before they go after these clowns.
It’s a scam
If you take a look at the data, it seems that Monroe College’s default rate was cut in half from 2007 10% to 5% in 2008. Things don’t happen that fast. It’s a real scam. If a student is not attending class or not doing well they kick him out before the loans are dispersed and then flag the student as if he was never a student or he voluntarily left therefore no loans will be dispersed. They also don’t really allow students to take out more loans then they need, and if there is a refund they give it back to the student in a debit card (not a check like in a real college). For a jewish owned an operated institution, theres a lot going on over there thats not very “kosher” .