transcripts being held hostage

[sanantone]

I don't understand how someone attends a school but ends up owing that school so much money? Any school I attended or tried to attend made me pay for the class prior to getting into it or I wouldn't get credit. How are these schools allowing a student to owe them this amount of money that is crippling, this sound like the institutions fault and not the students fault. Most new college student don't understand what they are doing to themselves and it needs to stop. I can't wait for the day High School have a Financial Awareness course for 11th and 12th graders. Thankfully my mother took the time to educate me on the ins and outs of money and how to manage it properly.

This mostly happens when students receive grants and/or loans and don't finish the number of required credits. The school is legally obligated to send the money back to the government. That leaves a balance with the school.