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Private-Sector Success? 1 out of 4 Kaplan Students Default on Loans within 3 years

Some Americans are gung-ho about the private sector. They like to say that anything the government can do, business can do better.

How do we then explain the fact (taken from statistics maintained by the Department of Education) 1 out of 4 students at Kaplan University, one of the three largest private for-profit universities in […]