A detailed report
by the Baltimore Sun chronicles how student loan debt incurred at substandard trade schools can plague students long after the end of programs that provided them with little benefit. The report tells the story of Janice Peete-Bey who still faces loan obligations relating to a trade school program that she enrolled in 25 years ago. Ms. Peete-Bey has already paid more than $13,500 on a loan that was originally $5,600, with some of the payments coming in the form of wage garnishments and tax refund seizures. According to the Sun, the school that Ms. Peete-Bey attended has long since closed, with its CEO having plead guilty to fraud for concealment of the school's drop-out rate in order to keep federal student aid to the school flowing.