As reported today in The Chronicle, default rates on student loans are higher when tracked for longer periods of time.
“But a Chronicle analysis has found that at hundreds of colleges, most of them for-profit, the three-year default rate is inordinately greater than the two-year rate, giving credence to concerns that certain colleges are aggressively using “default management” tools to mask problematic rates of default.”

Just another nail in the coffin for the for-profits? Or just another way of doing business? What do you think?