For-profit colleges show high cost, high default rates on loans, says Lancaster Print
SGR Exclusive
Friday, 15 June 2012 10:53

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Former NC Community College President Martin Lancaster tells host Barlow Herget that for-profit colleges feed off federal money.  The schools are not cheap with tuition as much as $48,000 and students, even if they default, are still stuck with the loan while colleges get their money up front.