Fast Fact: For-Profit Colleges: A Risky Investment
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Sep 5, 2013
by Ed Trust
Many for-profit colleges are leaving students with massive debt and no degree. They represent just 11% of college enrollments, but receive 25% of federal student aid and account for 47% of all federal student loan defaults. Students can’t afford this risk.
The Honorable Nancy PelosiSpeaker of the HouseU.S. House of RepresentativesH-232, The CapitolWashington, DC 20515The Honorable Mitch McConnellMajority LeaderU.…