Saturday, December 10, 2011
$150,000 In Student Loan Debt . . . And Mounting
A story in the Kansas City Star reports on the growing problem of mounting student loan debt -- including more than $150,000 in debt incurred by a young woman in Missouri who attained two degrees at a private college. According to the article, although for-profit schools comprise about 10 percent of all federal loans, they are responsible for about half of all defaulters.
Labels:
For-Profit School,
Loan Defaults,
Student Loan Debt
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