Thursday, December 22, 2011
Student's College Education Overpriced and Not Showing a High Return on Investment
The student loan market relentlessly makes it path to and past the $1 trillion mark, having outstripped credit card debt, estimated at encircling $850 billion. According to the U.S. Department of Education, the national student loan cohort default rate increased from 7.0 percent in the fiscal year 2008 to 8.8 percent in 2009-the rate for for-profit institutions was up to 15 percent from 11.6 percent. More information: click here to view more of this
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