For-profit college loans a threat

[aka name]

Title: For-profit college loans a threat, Senate committee is told about high default rates
Date: June 26, 2010
Author: BRIAN TUMULTY

"We've just loaded one generation of Americans with mortgage debt that they can't afford to pay back," portfolio manager Steven Eisman [...]

ITT Technical Institute reported an operating profit of $489 million, or 37%, on revenues of $1.3 billion in 2009.

Source: http://www.freep.com/article/20100626/N ... s-a-threat