Graduating students Rachel Sacher (L), Tarah Crenshaw (C) and Jill Kissee (R) hug before the 2007 Seaver College commencement at Pepperdine University in Malibu, California April 28, 2007. REUTERS/Phil McCarten (UNITED STATES)
The for-profit student debt dilemma
June 23, 2016,
Stephanie Riegg Cellini and Rajeev Darolia explore the dynamic patterns of student borrowing across the for-profit, private nonprofit, and public college sectors over the last two decades. They explain how increased scrutiny and regulation of the for-profit sector has contributed to declining enrollment in recent years, but concerns remain over the high debt burdens and default rates of for-profit students.