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Darolia, Rajeev – Education Finance and Policy, 2015
Student loan debt and defaults have been steadily rising, igniting public worry about the associated public and private risks. This has led to controversial regulatory attempts to curb defaults by holding colleges, particularly those in the for-profit sector, increasingly accountable for the student loan repayment behavior of their students. Such…
Descriptors: Debt (Financial), Loan Default, Student Loan Programs, Loan Repayment