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 Editor

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.

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