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A survey by New America shows Americans aren’t convinced of the return on investment of a college degree.
Report says current rules set inconsistent and sometimes inadequate expectations regarding student achievement, but it stops short of suggesting “bright-line” standards for agencies.
Requirements were aimed mostly at for-profit companies colleges hire to run their online programs. Nonprofits that help students attend and complete college feel caught in the crossfire.
At 24 institutions, students have accumulated more than $25 million in interest five years into repayment, while at one university, balances grew by $289 million.