The vast majority of students who attend a for-profit college take out loans to finance their education. According to the National Postsecondary Student Aid Survey, 95.4 percent of students at two-year for-profit schools, and 93.4 percent at four-year for-profit schools, took out federal student loans in 2007-08. By comparison, only 16.6 percent of students attending […]
For-profit education companies claim to offer access to higher education to low-income and minority students. Data analysis of 16 for-profit schools indicates that students are more likely to leave without a diploma while being straddled with debt. Enrollment is growing even more quickly than previously understood and masks high withdrawal rates: Annual enrollment measures fail […]