declining enrollment at University of Phoenix

[sanantone]

Students enrolled in expensive computer training programs have taken out loans (notice I didn't say federal loans here or previously) and taken on a lot of debt to obtain training and certifications that didn't always secure a job in the field.

But, don't bank loans usually check for credit worthiness? And, wouldn't you be able to discharge these loans in bankruptcy? The problem with the federal loans is that they are easy to obtain and nearly impossible to get rid of. I think everyone should have access to financial aid, but the student loan caps for independent students are too high, and schools take advantage of this. How much money are these continuing education departments receiving in taxpayer-funded grants? I know there is a Texas grant that can be used for training programs, but the payout is pretty low.