Monthly Archives: February 2012

BusinessWeek….sites “cited above-average loan default rates at for-profit colleges

BusinessWeek The Education Department in 2010 cited above-average loan default rates at for-profit colleges, saying 43 percent of defaults were from students who attended for-profit colleges, though they represented 26 percent of federal loan recipients and … Advertisements

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Student Loan Default- Next Bubble

Bankruptcy attorneys across the country are alarmed about what they see as another bubble similar to the sub prime debacle: the increasing number of student loan defaults. According to an Association of Consumer Bankruptcy Attorneys (NACBA) survey, 50% of its … Continue reading

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