Archive for tag: defaulting loans
Defaulting Loans at For-Profit Universities
December 16, 2009 2:11 pm Financial AidApproximately one in five college students default on student loan payments within the first three years of repayment, which shows what a difficult spot graduates are in particularly now. The Department of Labor has reported that overall 6.7 percent of student borrowers default within two years and 11 percent at for-profit schools.
