Why government must rein in for-profit colleges

USA Today

February 7, 2011


A new federal analysis this week found that about one-quarter of students who took out federal loans to attend for-profit colleges defaulted within three years of starting repayment. Numerous other investigations by government agencies and news organizations reveal that many for-profit education programs leave graduates with high debt burdens, low employment potential and a high risk for defaulting on government loans.
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