Four Ways to Stay Protected from the Online Student Loan Scams

If you are about to step in the online education world but fear that higher education loans are not available for you, your trepidation is quite reasonable. A lot of online student loan scammers have spiraled up of late and you should cautiously select from the student loan options if you are about to pursue one or more online degree programs. Back in 2007, NY Attorney General found out that many admission counselors representing various eminent schools are not working in a pro-student manner and his findings lead to termination of many admission officials of various schools. Therefore, it is highly important to check from the student loan options after meticulous research only and here below are four ways to ward off these chiselers.

  1. Choose an accredited college: Accredited colleges and universities religiously follow their own code of conduct and all the rules and regulations pertaining to student enrolment. They are not merely driven by commercial interests and do not mislead their future students, which is very important. On the contrary, the diploma mills are aimed at earning revenue from the vast education market and do not work in a transparent manner.
  2. Compare colleges: College admission officials will try to persuade you to enroll for their online degrees. However, you should not select from student loan options without comparing the options. No two online colleges have the same fee-structure and you should contrast different colleges to home in on the most suitable degree option. As the educational market has grown more competitive than ever before, high chances are there that there would be stark differences between the charges of different colleges for the same or equivalent course.
  3. Check their policies: Once you have selected an accredited college for furthering your education, you need to check their code of conduct and other policies. This will help you to get a clear picture of how the college administration works and whether there are any loopholes that may engender any complication for you in the future.
  4. Refer to trustworthy resources: You should always refer to trustworthy and authentic resources when it comes choosing from online student loan options. The best way is to US Department of Education website where all the State Higher Education agencies are catalogued.

You can ask us, too. We have been offering information on online degree programs offered by reputed US colleges and universities since our inception. Drop a line and we would soon get back to you, with all the updated information.

About these ads

About Prof McTeague

Writer and Editor at www.EDegreeUSA.com and its blog. He has written several article on online education, e-learning trends and has achieved a renowned author name in the web arena.
This entry was posted in Online Education and tagged , , , , , . Bookmark the permalink.

One Response to Four Ways to Stay Protected from the Online Student Loan Scams

  1. nikajones225 says:

    It’s too bad that people are still getting taken advantage of in the education system. I think as a student, of any age and at any level, people want to believe that their college or university of choice has their best interests at heart, same goes for student loan organizations. It must be devastating to have so much invested in your education and then find out that your loans weren’t what you thought they were.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s