Community college loan default rate 16.7 percent
From AP News | 2010-01-01 15:00:24
<div id="subtitle">Nearly 17 percent of community college students defaulting on loans</div><div><p>Nearly 17 percent of Iowa community college students default on student loans within three years of graduating.</p><p>Federal data shows the default rate is more than five times the average for students who attend Iowa's state-run universities and three times the average of those who graduate from Iowa's private colleges and universities.</p><p>Laurie Wolf, the executive dean of student services at Des Moines Area Community College, says one reason for the higher default rate is community college graduates are less likely to land high-paying jobs, and less likely to get jobs that offer student loan forgiveness.</p><p>Wolf also says as many as one in six students go on to get their four-year degrees and would not be counted as part of the default rate, making it appear artificially high.</p><p>___</p><p>Information from: The Des Moines Register, http://www.desmoinesregister.com</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=66203291&bid=informcom" /></div><div id="copyright"><div>
Copyright 2010 <a href="http://www.ap.org">AP News</a></div></div>
Related Video by 5min
Related Articles
- Spilka: Committed to special education Milford Daily News, Massachusetts | 2010-03-10 08:12:12
- The governor has the AEA on the defensive Mobile Register, Alabama | 2010-03-10 07:25:20
- Voucher games Washington Post | 2010-03-10 07:35:14
- Mobile access for aged, illiterate San Francisco Chronicle | 2010-03-09 12:10:19
- FCAT begins at some, but not all, Hillsborough schools Bay News 9, Tampa Bay | 2010-03-10 07:39:02
- Bullied teenager gets $290,000 in settlement The Age, Australia | 2010-03-10 08:33:01
Related Blogs
- Charter school conference: Movement stronger than ever in Georgia Get Schooled: ajc.com | 2010-03-09 17:45:29
- IBM researching ways to help the aged, illiterate CrunchGear | 2010-03-09 19:41:57
- Exposure to letters A or F may affect test scores World Science | 2010-03-09 22:45:41
- Best Resource For Identifying Legit Applications? Slashdot | 2010-03-09 22:08:42
- Fulton schools: These cuts will be felt by students and parents Get Schooled: ajc.com | 2010-03-10 08:41:24
Related Video
- Protesting education cuts CNN Video | 2010-03-05 10:06:56
- Schools in crisis CNN Video | 2010-03-07 03:40:39
- Duncan, Bennett agree on NCLB CNN Video | 2010-03-09 22:14:49