Sallie Mae Finacing And PFI School ripoff overcharging when you have to drop out within two weeks of starting Olahte Kansas

Sallie Mae and your school are not one and the same. You took out a loan, FOR SCHOOL, and had to have co-signers. I understand that. You attend a week of classes, then drop out because your cousin's husband didn't want her to co-sign the loan (kind of have to wonder how good their relationship is if she didn't bother to tell him she was doing something as huge as this). Due to the fact that you attended classes, your student loan paid your tuition. You decide to drop out, but still owe half the loan. This is due to school policy, not Sallie Mae policy. Your school very obviously has a pro-rata refund policy which they are exercising. You dropped out, they get to keep a portion of the tuition. If you had paid cash, you would get a refund of the portion that they didn't keep. But since you got a loan, you and your co-signers are on the hook for the pro-rata tuition that you used a loan to pay. So yeah, you have to pay that back.

Most schools keep a portion of your tuition when you drop out. Usually you get a small amount back if you drop out in the first or second week, but after that, you are on the hook for the rest.

You haven't been ripped off though, you just haven't read your school's policy (which I am sure was in mini-teeny-tiny print somewhere that says if you enroll here blah blah, your tuition, blah blah. )