. In the U.S., student loan default rates have also risen for recent cohorts as labor market uncertainty and debt levels …

for-profit institutions take on more educational debt, have worse labor market outcomes, and are more likely to default …-profit enrollment leads to more loans, higher loan amounts, an increased likelihood of borrowing, an increased risk of default and worse … labor market outcomes. Two-year for-profit students also take out more loans, have higher default rates and lower earnings …

default than students attending similarly selective public schools. Because for-profit schools tend to serve students from … amounts, an increased likelihood of borrowing, an increased risk of default, and worse labor market outcomes. Two-year for …-profit students also take out more loans and have higher default rates and lower earnings. But they are more likely to graduate and to …

component on top of the default spread structural models are designed to capture. …