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For-Profit Repayment Rates Improving

October 1, 2012

Last Friday, the Department of Education released new data on two- and three-year federal student loan cohort default rates.

Don’t let the news get you down. There were some exciting – and positive – numbers that came out of the report: the two-year default rate of for-profit institutions decreased from 15% to 12.9%.

Congratulations to everyone who played a role in making this happen! We know it’s been a long hill to climb, but the benefits to your institution and students will make it worthwhile. Keep up the great work.

You can read the official press release here.

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