Getting a small business loan right now is extremely difficult. Making this fact much more depressing is that so many people right now view starting a small business as their only way to survive due to job loss, pay cuts, or the closing of their previous business.
“In 2009, the U.S. Department of Education provided a preliminary report to the university that cited untimely return of unearned Title IV funds for more than 10 percent of sampled students. The report also expressed a concern that some students enroll and begin attending classes before completely understanding the implications of enrollment, including their eligibility for student financial aid. As a result, in January 2010, its parent company, Apollo Group Inc., was required to post a letter of credit for $125 million by January 30 of the same year” --BusinessWeek
One reason that many people find our services so vital to their success is that the costs associated with obtaining a higher education and a university degree have far outpaced inflation and have become so expensive. For instance, one report indicates that the state system in Florida, which is one of the cheapest in the nation, averages $29,410 for a bachelors degree alone when integrating all costs.