Why So Many Students from For-Profit Schools are Left in Debt Limbo

Why So Many Students from For-Profit Schools are Left in Debt Limbo


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Students who attend for-profit college and training programs are more likely to borrow, borrow more and struggle to repay their loans. Not only that, but the overall graduation rate at for-profit institutions is just 27 percent. Meanwhile, a number of schools have shuttered, leaving former attendees with debt and no way to pay it back. Special correspondent Lizzie O'Leary reports.