It's estimated that 40% of students that attended college in 2004 will default on their student loans by 2024. Forty. Percent.https://www.washingtonpost.com/blogs/post-partisan/wp/2018/01/22/projections-for-student-loan-defaults-are-terrifying-its-time-to-act/?utm_term=.89b904eb251e …
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By 2016 43% of students that attended a for-profit college in 2004 had already defaulted. We're going to hit a 50% default rate in for-profit colleges. One in two.
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Replying to @AustenAllred
I understand that even bankruptcy cannot shake off such debt. Is that true? That seems ominous.
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