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To build the newest $fifty million profile, SBPC looked at some supplies as well as authorities profile, team disclosures so you’re able to people and you may enrollment research so you can estimate what commission out-of personal college loans made between 2000 and you may 2014 is ineligible for release.
They particularly made an effort to determine what express out-of personal money was in fact designed for ineligible expenses – thus those beyond your cost of attendance on a college – as well as the portion of private fund created for people to visit non-licensed colleges.