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Date: Sun, 09/23/2012 - 06:46
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Soaplady,
My son attended an expensive university because he audition for it and was accepted. His tution bill came to $11,432.14. Even with a payment plan we were unable to pay it. It was turned over to a collection agency less than 30 days ago. They have increased the pay-off balance to $14,856.19. I don't understand why. If I could not pay the eleven thousand, how can I pay fourteen and again why that much?:( I expected to pay more once turned over to the collection agency but an additional three thousand plus? Can I protest? Is there a grace period before I have to pay the new amount?
My son attended an expensive university because he audition for it and was accepted. His tution bill came to $11,432.14. Even with a payment plan we were unable to pay it. It was turned over to a collection agency less than 30 days ago. They have increased the pay-off balance to $14,856.19. I don't understand why. If I could not pay the eleven thousand, how can I pay fourteen and again why that much?:( I expected to pay more once turned over to the collection agency but an additional three thousand plus? Can I protest? Is there a grace period before I have to pay the new amount?
It has increased as your son is responsible for the cost of coll
It has increased as your son is responsible for the cost of collections which usually starts at 25%. By enrolling in the school, he agreed to the policies in the student handbook, which would include this clause.
Did he not take out financial aid???