The us government really does limitation where people may use financing of the demanding organizations as licensed
Looney and you may Yannelis remember that this type of universities had a tendency to sign up students that have particular features-so much more was economically separate, originated in reduced-earnings family, or both. One compounded their vulnerability so you’re able to default, perhaps partly as they was basically less inclined to score loved ones support. The research nevertheless located a connection between school sort of and standard, even after bookkeeping of these features. Read More
