Private Colleges A Disaster For Students
Here's a Canadian article on student loan repayment and in Canada the private education institutions are proving to be disasterous for young people.
The wages are incredibly low:
A survey done by the federal government and the Canada Millennium Scholarship Foundation last year found 79 per cent of career-college graduates had full-time or part-time work, with an average income of only $26,727.
I suppose the part time work is pulling that average down, but no wonder they are defaulting on their student loans.