Rapid Recovery Solution, a Leader Among Commercial Collection Agencies, Warns Against Suspect Educational Institutions
Bohemia, NY (PRWEB) July 31, 2013 -- On July 31, Rapid Recovery Solution is disappointed to learn of dishonest student loan traps in the cosmetic industry.
According to a July 28 article from The New York Times titled “Beauty School Students Left With Broken Promises and Large Debts,” individuals interested in becoming beauticians should be weary of assuming large debt without familiarity with the institution. The piece focuses on one aspiring stylist, Amarilis Madera, who after seventeen years and thousands of dollars in outstanding student debt has no job in the industry. Madera says the school at which she attended, the Jon Louis School of Beauty in the Bronx, assured its students thriving careers in salons as a result of the pricey degree. It has since closed.
The article points out the devious recruiting practices of schools like Jon Louis. Posters advertising lucrative careers in cosmetics are strategically placed in locations where individuals with low income go: welfare offices, bus stops and in subway stations. The institutions then willfully accept federal student loans, leaving its students with quickly accumulating debt and near worthless degrees.
CEO of Rapid Recovery Solution Inc., John Monderine, offers insight on behalf of commercial collection agencies. “The last group of people who should be targeted in loan scams is college students aspiring professionals. These people are simply trying to better their lives. Monderine continues. “As an accounts receivable collection firm, we encourage our clients to apply for student loans only when the institution is a reputable one. Advancing one’s career is essential in today’s society, and debt is often a necessary aspect of achieving career goals.”
Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.
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Sean Nolan, Rapid Recovery Solution, Inc, http://www.rapidrecoverysolution.com, +1 (866) 944-8610, [email protected]
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