Study: For-profits blamed for many student debt defaults
WASHINGTON (AP) " Students who attended for-profit colleges were twice as likely or more to default on their loans than students who attended public educational institutions, according to a federal study published Wednesday.The report by the National Center of Education Statistics looks at students who began their undergraduate education in 2003 and defaulted on at least one loan over the next 12 years. Fifty-two percent of the students who attended for-profit schools defaulted on [...]
EmoticonEmoticon