A couple sites have picked up on a story coming out of Portland, Ore., about a lawsuit involving former students at Business Computer Training Institute (BCTI), a for-profit institution that is about to pay out $200,000 to students who allege that they were ripped off by receiving a poor quality education and lousy job prospects. [...]
All Posts Tagged: 'Student Loan Default Rates'
The College Debt Delusion
Per Chad’s post from last week about the way the U.S. Department of Education seems to be going out of its way to explain away the recent rise in student loan default rates as a hurricane-driven, one-time-only, move-along-nothing-to-see-here phenomenon, and Erin’s earlier analysis showing that the most commonly-used default measures badly understate the true extent [...]
Don’t Blame the Weather
On Tuesday the Department of Education released its annual report on student loan default rates. Under their official calculations, the rate jumped from 4.6 to 5.2 percent. In the press release announcing the increase they attribute the rise to Hurricanes Katrina and Rita. Media coverage bought this line, most obviously the Chronicle [...]
A Faulty Argument
Back in December, I blogged about a proposed Higher Education Act provision that would change the way default rates are calculated by the Department of Education. I hypothesized that this change could increase default rates by about 60 percent, putting some schools at risk of losing their eligibility to participate in the federal loan program [...]
Student Loans Are Not Financial Aid
A couple of weeks ago, my colleague Erin Dillon wrote a short policy brief about student loan default rates, pointing out that they’re far higher than commonly-reported government statistics indicate, particularly for student of color, students who borrow a lot of money, and students who go into careers that don’t pay very much. As college [...]
Lowering Student Loan Default Rates: What One Consortium of Historically Black Institutions Did to Succeed 
College and Career-Ready: Using Outcomes Data to Hold High Schools Accountable for Student Success
03/19/10 | Ben Miller is quoted on college graduation rates and the NCAA Tournament in the Detroit Free Press.
03/19/10 | Linda Perlstein links to Education Sector's "College- and Career-Ready" event.
03/17/10 | Ben Miller's column on graduation rates and NCAA Tournament eligibility is mentioned on The Wall Street Journal's The Daily Fix.
03/17/10 | Kevin Carey's critique of Diane Ravitch's latest book is quoted in Doublethink's Conventional Folly blog.
03/15/10 | Ben Miller pens an op-ed for US News & World Report on using graduation rates to determine NCAA Tournament eligibility.