Analysis shows high student loan default rate at for-profit colleges
For-profit officials say the federal statistics are ‘speculative,’ and pledge to continue fight against regulations
By Dennis Carter, Assistant EditorRead more by Denny Carter
A new U.S. Department of Education (ED) report details rising loan default rates among students at for-profit colleges as the for-profit industry – including some of the country’s largest online education programs – fends off government regulations that could limit their federal aid. Read more with registration.