I am just curious given how tight lending conditions have got as to who exactly is still lending huge amounts to wanabees given the current bleak outlook.
So are any banks still lending to fund training??... if so what sort of security are they demanding (i.e. what LTV on mum and dads house)??
Guess I am just starting to wander if a lack of available financing will sarve the likes of OAT and FTE of "students" resulting in cash flow problems (FTE must surely be screwed anyway given incremental cost of the course due to €/£ move... it has gone up 30% in the last 3-4 months alone!).
Last thing you would want is to hand over your 60k for the school to go bust a week later!
