At 265 Colleges, Default Rates Higher Than Grad Rates

July 2, 2013

An analysis by USA Today has found 265 colleges at which the odds of students defaulting on their loans are greater than the odds of freshmen graduating. Nearly half of the colleges are for-profit institutions, and about one-third are community colleges. However, smaller shares of the students at community colleges borrow, and their loans are smaller, than at for-profit institutions.


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