Honor System Success Story

Colleges and Universities A-Z California Institute of Technology
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<p>According to the Department of Education website:</p>

<p><a href="http://www.ed.gov/offices/OSFAP/defaultmanagement/cdr.html%5B/url%5D"&gt;http://www.ed.gov/offices/OSFAP/defaultmanagement/cdr.html&lt;/a&gt;&lt;/p>

<p>Caltech is the only one of USNWR's top-tier national uni's or LAC's
to have a 0% default rate on student loans for 2002, 2003, and 2004!</p>

<p>Out of the 123 (mostly obscure) Bachelors/Professional/
Masters&Doctorate degree granting institutions to share this
distinction, about 2/3rds are seminaries or rabbinical schools.</p>

<p>Y'all are either really honest or well-paid (or both).</p>

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<p>
[quote]
Y'all are either really honest or well-paid (or both).

[/quote]
It probably also helps that most people (who graduate) end up with highly employable degrees.</p>