- April 18th, 2018, 10:11 am
#549410
I think it's a legitimate question to ask.
flamehunter wrote:Yeah, but in this case, if Liberty's online default rate is on par with Phoenix or the other for-profits, does that make their online business any more admirable or valuable?Yacht Rock wrote:I think this addresses the concern about why it is higher. U of Phoenix's default rate is over 13%. Online education is designed for those who want to fit in college to their already busy lives. Way too many bite off more than they can chew and end up not finishing and subsequently don't ever realize the benefit for the classes they did take. Thus they don't place a high priority on repaying for something they did not benefit from financially or career-wise.Jonathan Carone wrote:I know it’s not possible, but I’d love to see the default rate for on campus vs online.I'm sure it's quite a bit higher for online students.
I think it's a legitimate question to ask.