For-Profit Over Nonprofit Colleges

For-Profit Over Nonprofit Colleges

College GradToday’s article discusses choosing a nonprofit college over a for-profit college. Here are some stats, “Despite enrolling just 12% of college students nationally, for-profit colleges account for nearly half (44%) of all federal student loan defaults. Nearly one in five (19.1%) borrowers from for-profit colleges have defaulted on their student loans, compared with just 12.9% at public colleges and 7.2% at nonprofit colleges (the overall average across types of colleges is 13.7%).” To read more, CLICK HERE.

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