The California Association of Private Postsecondary Schools (CAPPS) is dedicated to spreading the word about the role of private post-secondary education and represents the many diverse kinds of schools in California. For more than 25 years, CAPPS has been actively engaged at all levels of government to ensure our members' voices are heard and our issues are addressed. With more than 300 institutions, CAPPS member schools are helping students of all ages, backgrounds and skill-levels achieve their dreams and secure stable employment. All CAPPS member schools and colleges are nationally or regionally accredited or approved-only.

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Unemployed Borrowers Ask Sallie Mae to Stop Charging Forbearance Fee

A petition calling on Sallie Mae to stop charging jobless borrowers a $50 fee for forbearance on their private student loans has garnered some 50,000 signatures. Patricia Christel, a spokeswoman for Sallie Mae, described the fee as “a good-faith deposit that acknowledges the importance of and commitment to resuming payments in the future.” Roughly 4 percent of the company’s private loans are in forbearance; last year, 3.5 percent of its private loans defaulted.

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The California Association of Private Postsecondary Schools (CAPPS) is dedicated to spreading the word about the role of private post-secondary education and represents the many diverse kinds of schools in California. For more than 25 years, CAPPS has been actively engaged at all levels of government to ensure our members' voices are heard and our issues are addressed. With more than 300 institutions, CAPPS member schools are helping students of all ages, backgrounds and skill-levels achieve their dreams and secure stable employment. All CAPPS member schools and colleges are nationally or regionally accredited or approved-only.