Student Loan Defaults Rise - Especially At For-Profits

NPR reports, http://tinyurl.com/28d3aoz, that the default rate for student loan borrowers has increased -- especially at for-profit colleges that now enroll one out of every four of students borrowing money to pay for higher education.  The story reports,  "Put another way, students at for-profits are twice as likely to default as students at nonprofits. [Jame] Kvall [a deputy undersecretary at the Department of Education] says that's reason for concern. 'If there's a particular institution that's generating a large number of students who are defaulting, it does raise questions about whether that institution is giving students more debt than they can handle,.' Kvall."   If you have concerns about a for-profit school and its involvement in student-loan borrowing, contact The Googasian Firm, P.C. at degreefraud@googasian.com.