Thursday, March 18, 2010

Uncovering the Implications of Student Cohort Default Rates

by Daniel L. Bennett

I have an article in the March edition of Career College Central magazine, in which I analyse the recently released 3-year trial CDRs and discuss the policy implications for the for-profit college industry. Read it here.
Proprietary education’s high CDR does not reflect the fact that many proprietary institutions are performing just as well, if not better, than highly regarded public and private NFP institutions, nor does it reflect that the sector enrolls a relatively high proportion of students with characteristics that make them more likely to default.

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