Monday, April 26, 2010


A College Board report "Who Borrows Most?" includes this striking graphic on student loan loads. 

The for-profits clearly take the description seriously.  The article makes a pitch for financial literacy for students.  I don't see that making much of a dent, though.  I think what would make a difference is disqualifying for-profits from being eligible for government-backed loans and federal aid, like PELL grants.  Why should tax dollars go to feed the bottom line of these companies?

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