They refused a payment that you sent via certified mail? I’m sure there’s a government agency out there that would be very interested in knowing that.
No one was authorized to sign for it on behalf of the company was what we got.
My daughter’s college will not accept calls from parents re students’ accounts because some privacy law.
So I got my daughter’s username and password, logged on, and tried to set up a payment plan, since they offered it for no interest. Finally found the right page, but it didn’t allow you to change the number of payments, which was pre-set for “1” and 100% due 7/31. Gee, thanks.
Tried to log on again this morning, and I keep getting an error message.
Changed the password, got an email confirmation saying my password was changed, tried to log on again, and voila! Error message.
And, of course, I can’t call because I’m not the student.
I’ve never had so much trouble trying to pay a bill in my life.
ferpa
The difference between yearly compounding and continuous compounding on $10000 @ 3% is $4.55
Yearly: $10300
Quarterly: $10303.39
Monthly: $10304.16
Continuously: $10304.55
In other words, 3% as an APY of 3.05%. No big whoop.
Excuse you.
Does that mean they won’t come after you if the tuition isn’t paid? (Hah!)
No, it means the next step in the development of this kind of predatory capitalism, (beyond, ‘service fee’, as revenue stream), is to manipulate things such that you’ll be effectively unable to avoid the, ‘late fee’, etc. Followed or preceded by the fees being jacked.
What people should be really irritated about is that they also pay for huge bureaucracies that are charged with consumer protection. Nearly every industry has some controlling body, plus a government oversight committee. We’re getting screwed regardless, we ought to at least save that money - what a waste!
One of the things the school had my son do at registration was fill out a form authorizing us to access his bill and grades. He can revoke it, of course (but then he’ll have to come up with the cash on his own).
This is a pretty paternalistic Catholic school, of course. I don’t recall if the older son’s school did that or not.
I doubt they’d come after anyone for missed tuition. If the student lives in a dorm, they lock them out of their dorm. Their second recourse is to withhold credit for classes completed.
I went to a state school that both had a waiver students could sign giving their parents accress to billing information and/or grades. I just never told my parents that.
What the hell am I doing wrong? My credit card is due on the tenth. I log in to my account and tell them to draft the payment from my bank on the first. My bills come in the mail and I log in to my bank account on Saturday and use their bill pay to have bank checks issued on Monday.
No late fees or service fees of any kind. I must be the luckiest SOB alive. :rolleyes: