Loan Repayment Rates Among Large Online Universities
Considering an online university? Use these rates to help determine their value.
Posted September 14, 2010
For-profit universities, many of which have heavy online course offerings, have come under great scrutiny from legislators and regulators in recent months. Given that a vast majority of online students are funded by federal loans, the chief concern of the U.S. Senate Committee on Health, Education, Labor and Pensions is to ensure that students educated online are able to secure stable jobs with their degrees and can repay those student loans funded by American taxpayers. Federal loan repayment rates, released by the Department of Education, are indicative of a school's ability to prepare students for their
