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22% vs 8% is not as big of a difference as I expected. It is plausible to explain that difference by the type of students likely to attend ITT vs a 4 year publi
by jeffdavis 10y ago
22% vs 8% is not as big of a difference as I expected. It is plausible to explain that difference by the type of students likely to attend ITT vs a 4 year public university.
- sdenton4 10y agoAnd 64% amongst those with loans to default on...
- FireBeyond 10y agoNearly three times as likely to default on federal loans? And nearly six times as likely to default on private loans (I saw 11% as the rate). That's a pretty big difference.
- bane 10y agoThe students who are likely to go to these trade schools are often better served by the Community College system, but often don't know/understand it as an option. One interesting statistic, <20% of CC students take out loans for school (the cost is generally low enough they can pay out of pocket), but ~20% of those students also default.