The most recent recession caused most job markets to become exceedingly competitive. Employers now have many candidates to select from for each available position, and they generally tend to hire employees who have made a degree from a classroom-based or online varsity. Stipends for school courses can help employees attempting to gain marketable talents through getting a degree.
There's no doubt that, from the point of view of lenders, candidates with low credit scores are considered high risk borrowers. So it is obvious that their financing opportunities are fairly thin on the ground. But risky loans are available if the search is in the correct direction.