Date: 01/17/2010
Author: By Allison Sherry
• For-profit students are defaulting on their loans at much higher rates than students enrolled in public or private nonprofit schools[...]
• Tuition rates are high[...]
• Taxpayers are paying for it[...]
• Twenty-five percent of students seeking bachelor's degrees at for-profits receive their degrees within six years, compared with 55 percent at public colleges[...]
• Since 2006, the Colorado Department of Education has received 164 complaints against for-profit colleges[...]
Source: http://www.denverpost.com/news/ci_14209838
