Defaulting on loans trending on campus    • Article by: JIM
SPENCER , Star Tribune   • Updated: October 22, 2012 - 12:22 PM
1 in 7 at 2-year schools are behind on their federal loans.    •
42   • Comments    • Results per page: luzhishenOct. 22, 1212:24
AM  "Both Capella and another for-profit school, Rasmussen
College, have more students in default than all of the private
schools combined." The CEOs got huge salaries and bonuses and we
get the bill - sound familiar? The Free Market works its
miracles once again!  triomnOct. 22, 12 1:10 AM  Proprietary
schools are ripping off students as well as the taxpayers who
pick up the bill for defaulted student loans. I say it's not a
free market business if the customers are all getting federal
money to attend school. Our federal money. I understand that
about 5 companies bought up most of the proprietary schools and
have said that they don't care about students who drop out
because so many more register with each ad run on late night tv
endothermOct. 22, 12 1:46 AM