500 Colleges Have a Student Loan Problem: Who Pays the Bill?
Student loan repayment is becoming a serious problem at hundreds of colleges across America.
In this episode of MX3 Podcast, we dig into new federal data showing that 500 colleges and universities have student loan nonpayment rates of 40% or higher. We look at where these problems are concentrated, why many for-profit career and trade schools stand out in the numbers, and what happens when borrowers leave school with debt they struggle to repay.
We also discuss examples involving career-training programs, federal student aid, borrower outcomes, and the accountability rules designed to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.