Big tuition, cheap diploma
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#1 Aug 22, 2010
This is a perfect example of businesses doing business at the public's expense. A 35% student loan repayment rate is simply unacceptable and the US Department of Education is derelict in its' responsibility to ensure public funds advanced for student loans are repaid.
Please heed this article's advice to consult the Education Department's website listing student repayment rates at http://tinyurl.com/28fjo3j and click on the link for "Cumulative Four-Year Repayment Rate by Institution".
It's bad enough these schools are essentially stealing taxpayers' money but then these schools are providing an 'education' that does not result in the jobs needed to pay back the student loans! Robbing the students of their hopes and dreams and leaving them with high levels of student loan debt for an unuseable education should be a crime.
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