At for-profit colleges, all students are welcomed—and so is your financial aid. Subscribe to our channel! goo.gl/0bsAjO Correction: We mistakenly highlighted Indiana University–Purdue University Indianapolis at 4:20 in the video as a for-profit university. Colorado Technical University, one above IUPUI in the list, is the for-profit institution we meant to highlight. The best (and also free!) place to explore repayment options for federal student loans is: studentaid.ed.gov/sa/repay-loans There's also the Public Service Loan Forgiveness Program. If you're employed by a government or certain type of nonprofit the program forgives the remaining balance on Direct Loans after 120 qualifying monthly payments while working full-time. studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/public-service#qualifying-employment Qualifications for student loan discharge: studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation Getting out of default: studentaid.ed.gov/sa/repay-loans/default/get-out Higher education is expensive, so people want to get the best deal— a high quality college education at a low cost. This is similar in the way which many for-profit colleges and universities advertised themselves. Many students soon found that the cost of upward mobility through certain for-profit institutions wasn't the answer for them. These schools saw a huge jump in enrollment during the 2000s. Fueled by a struggling economy and the expansion of federal financial aid for college, many students saw the advertisements of for-profit schools as attainable and affordable. But almost two decade later, there are new regulations to reign in the predatory schools profiting off student debt. And today, over a dozen for-profit colleges in the US (ITT Tech, Corinthian Colleges, Sanford Brown, and others) have closed their doors for good. Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app. Check out our full video catalog: goo.gl/IZONyE Follow Vox on Twitter: goo.gl/XFrZ5H Or on Facebook: goo.gl/U2g06o

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