Defaults exceed grad rates at 514 colleges

Loan default rates are higher than graduation rates at 514 colleges and universities nationwide, according to Education Sector. Nearly half of the “red flag” institutions are operated by for-profit colleges and about one-third are community colleges.

Skepticism is widening about projections of a widening job skills gap, but most think there’s a shortage of “middle-skills” workers with post-high school education and training but no bachelor’s degree.

About Joanne