Thread regarding FORTIS Colleges and Institutes layoffs

Fortis loan repayment rates are 20 to 24 percent

The numbers do not look good for many students who have attended Fortis. If students cannot afford to repay their loans, there is a serious problem. Sure, the loans can be deferred so people don't default in the 3-year window, but that only makes the problem look better on a very superficial level. Can this problem be solved? In the meantime, should people at risk of a lifetime of debt peonage be recruited?

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Is anyone concerned about the risks of having so many student loan defaults? How long can this continue? Deferring payments beyond the 3-year window is not a long-term winner.

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