Federal Data Show For-Profit College Students Among Least Likely to Repay Loans
An NPR News analysis finds many borrowers who have fallen behind on student loan payments attended private, for-profit colleges that often market to low-income students and depend heavily on federal financial aid.
Federal data cited by NPR News show that a significant share of student loan borrowers who are not repaying their loans attended private, for-profit colleges, according to the news organization's reporting.
NPR News reported that these institutions often market their programs to low-income students and rely substantially on federal financial aid, including student loans, as a primary source of revenue.
The report suggests that when students at these colleges default on or fall behind on their loan payments, taxpayers frequently bear the resulting financial burden, according to NPR News.
The findings point to a pattern in which federal financial aid intended to expand access to higher education flows to institutions whose students, according to the data referenced by NPR News, are disproportionately represented among those struggling to repay their loans.
NPR News did not immediately provide additional details on the specific data sources or methodology used to reach these conclusions in the excerpt reviewed.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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