Re:California bans ITT tech from accepting new students
by jeffdavis on Tuesday August 30, 2016 @01:19AM
(#12387700)
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.
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Re:California bans ITT tech from accepting new students
by bane on Tuesday August 30, 2016 @09:09AM
(#12389683)
The 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.
Re:California bans ITT tech from accepting new students
by FireBeyond on Tuesday August 30, 2016 @01:53AM
(#12387815)
Nearly 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.