Sixty-five of the 127 institutions in the state where students qualify for Federal loans are private, technical or vocational schools.
The problem with this assumption is that many would-be car buyers are failing to qualify for loans.
But he said customers were having difficulties qualifying for loans.
The recent drop in interest rates is likely to make it easier for more companies to qualify for loans.
As rates drop, more people, in theory, qualify for loans because their monthly principal and interest payments will be lower.
She was not qualified for private loans to cover the difference and forced to drop out of school with a $52,162 debt.
Many can no longer qualify for new loans because of reduced income, lowered property values, or both.
Too much time and money will be spent determining whether a person is poor enough to qualify for loans.
Restrictions, the industry says, can harm people who otherwise would not qualify for loans.
The designation is needed for areas to qualify for special grants and loans.