For-Profit Schools Score Low on Debt-Repayment Measure
(Wall Street Journal) — More for-profit colleges than expected may be in danger of running afoul of a proposed regulation that would penalize them for graduating students with heavy debt loads. The U.S. Department of Education on Friday listed the fiscal 2009 loan repayment rates at more than 8,000 for-profit schools nationwide, in an attempt to show some of the rule’s potential impact were it to be implemented. Many of them scored poorly, leading to a sell-off in shares of companies with for-profit education businesses.
