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Jaquette, Ozan; Hillman, Nicholas W. – Journal of Student Financial Aid, 2015
Both federal spending on financial aid and student loan default rates have increased over the past decade. These trends have intensified policymakers' concerns that some postsecondary institutions-- particularly in the for-profit sector--maximize revenue derived from federal financial aid without helping students to graduate or find employment.…
Descriptors: Loan Repayment, Federal Aid, Student Financial Aid, Federal Regulation