<p>Has any one read about this?</p>
<p>Just saw a TV documentary about student loans on KCSM(a public broadcast station). It was said that 58% of private student loans(Parents PLUS loans?) are in defalut... Unbelievable.</p>
<p>What do you think?</p>
<p>Also factor in the For Profit colleges’ student default rate. [For-profit</a> schools focus of student loan issue ? USATODAY.com](<a href=“http://www.usatoday.com/news/education/story/2011-10-18/student-loans-for-profit-college/50819470/1]For-profit”>http://www.usatoday.com/news/education/story/2011-10-18/student-loans-for-profit-college/50819470/1)</p>
<p>“Nearly half of all federal student loan defaults occur at for-profit schools, although the schools have only 10% of higher education students, Harkin found.”</p>
<p>I don’t believe Parent Plus loans would be included in the private student loan figures as they are neither private nor student loans!</p>