The American Empire in a Changing World


Monday, October 1, 2012

''More Than 1-In-5 Students At For-Profit Colleges Default On Student Loans Within Three Years''

From The Consumerist

''For the first time, the Dept. of Education has provided stats for people three years into their student loan repayments, and the numbers don’t paint a pretty picture. The percentage of college students defaulting on their loans is on the rise, with 9.1% of recent students defaulting within two years of their first payment coming due, and a whopping 13.5% defaulting within three years. And at controversial for-profit colleges, that number is alarmingly higher.''

read more 

No comments:

Post a Comment