Rising student loan defaults push Yuba Community College District to suspend federal loans program

Tim Goral's picture
Wednesday, July 17, 2013

With the student loan default rates spiking among its former students, the Yuba Community College District has taken the step of suspending its participation in the federal student loan program, a move that’s making it tougher for some students to continue with their studies.

The Yuba Community College District Board of Trustees made the decision to suspend the federal student loan program at its June 13 meeting, according to district Chancellor Douglas Houston. The district formally announced the decision last week.

Houston said the decision’s goal was to protect other types of student aid for students at the Yuba College and Woodland Community College campuses, as the district faced losing eligibility for participation due to the high default rates of former students.

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