Some for-profit colleges are increasing their own loans to students -- even students with high risks of default -- to build enrollments, the Associated Press reported. While the trend is far from universal in the sector, it is raising eyebrows from some who scrutinize for-profit higher education. The AP reports that the colleges feel that even if they are not repaid by students, they benefit from the enrollments they gain, along with the associated tuition dollars and federal aid.
- Defaults Nearly Double
- New default rates trip up a community college
- Speeding Toward a Slowdown?
- Two-year default rates for student loans increase again
- For-profits that receive federal aid charge more, study finds
- GAO releases new investigation of for-profit colleges
- Is the Bloom Off the Rose?
- CFPB is investigating Corinthian Colleges, possibly focusing on student lending
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