News in Brief
Loan-Repayment Rates Low at Most For-Profit Colleges
The federal government has released data on more than 8,000 colleges showing that many students at for-profit colleges aren’t repaying their student loans. The numbers could imperil the ability of future students at those schools to receive federal financial aid.
Only four for-profit chains— Universal Technical Institute, Grand Canyon Education Inc., American Public Education Inc., and Bridgepoint Education Inc.—met or passed the government’s threshold of a 45 percent repayment rate, which would allow them continued unfettered access to government-backed student loans.
The U.S. Department of Education has promised greater oversight of the schools and tougher rules.
Vol. 30, Issue 01, Pages 4-5
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- Math Team Lead
- Perspectives Charter Schools, Chicago, IL
- Director, Psychometrics & Statistics
- COLLIER COUNTY PUBLIC SCHOOLS, Naples, FL
- Program Manager
- Institute for Educational Advancement, Pasadena, CA
- Head of School
- Saint James School, Montgomery, AL
- Middle School Director
- Greensboro Day School, Greensboro, NC