Higher-education institutions are overspending on renovations and new facilities that they hope will boost enrollment, but experts say this plan could lead to financial crisis.
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WASHINGTON — Students who attended for-profit colleges were twice as likely or more to default on their loans than students who attended public schools, according to a federal study published Thursday.
A growing body of research debunks the idea that school quality is the main determinant of economic mobility.
Daunted by the expense of a four-year program, students are focusing on learning the skills they need for the jobs they want.
It has become trendy to predict that higher education is on the verge of a major collapse, what with enrollments falling as loan debt and rising tuition cause students and families to ask harder questions about the value of a college credential.