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Stock impact report

Students grapple with fine print on student-debt forgiveness after their college closes [MarketWatch]

Adtalem Global Education Inc. (ATGE) 
Last adtalem global education inc. earnings: 2/4 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.adtalem.com
Company Research Source: MarketWatch
Students grapple with fine print on student-debt forgiveness after their college closes When Brandon Comedy began pursuing his bachelor’s degree last year to fulfill a promise to his late mother to complete his education, he never imagined it would cost him so much. Last month, the school he attended, Argosy University, failed to distribute the $4,500 in financial-aid funds owed to him. As the primary breadwinner for his family, losing out on that money has the potential to spiral into other consequences. Comedy relied on those funds to supplement the income he earns from his full-time job. Without the money, he couldn’t afford to get a new laptop — a necessity for school — and eventually one of his bills went into collections. “It was the perfect storm,” he said. “I was expecting this money to come and it never came.” But for Comedy, 35, the challenges caused by Argosy’s financial turmoil have perhaps only just begun. Argosy campuses across the country, including Comedy’s former camp Show less Read more
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