More on for-profits
Low Loan Repayment Is Seen at For-Profit Schools
"I think it's notable that the for-profits are the only type of school where the majority of students are unable to repay their loans," said Debbie Frankle Cochrane, program director at the Institute for College Access and Success, which has called for tighter regulation of for-profit institutions.
At some for-profit colleges, the repayment rates were startlingly low. For example, 33 of the 86 Corinthian Colleges' Everest locations had repayment rates of less than 20 percent -- and at several, the rates were less than 10 percent.