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re: Student-Loan Delinquencies Now Surpass Credit Cards

Posted on 11/30/12 at 8:54 pm to
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63895 posts
Posted on 11/30/12 at 8:54 pm to
quote:

taking out $70k for the University of Phoenix


quote:

The private universities must be making a killing.


We may be confusing "private" with "for profit" here. There is nothing much the matter with private universities. The opposite is often true with for-profit colleges.

This post was edited on 11/30/12 at 8:57 pm
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425837 posts
Posted on 12/2/12 at 10:38 am to
quote:

We may be confusing "private" with "for profit" here.

plenty of private universities are making a killing in the modern collegiate market. they keep raising their tuitions and the loans catch up. with a constant supply of students, and a guaranteed payment, why wouldn't they?

quote:

There is nothing much the matter with private universities.

kids don't rack up $200k in debt from undergrad with a major in english by going to a public school

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