For-profit colleges slammed by student loan repayment data
August 23, 2010 by admin
Filed under Student loans
Investors react to a Department of Education report that shows nearly two-thirds of the schools’ students aren’t repaying their federal loans. Stock prices of for-profit colleges plummeted and calls for stronger government regulations mounted as investors and consumer advocate groups alike reacted Monday to an Education Department report that showed nearly two-thirds of the schools’ students …