DeVry Inc. (DV), American Public Education, Inc. (APEI): The Student-Debt Debacle in For-Profit Education

And to really turn things on their head, I’m guessing American Public’s default rate, which is an awesome 7.2%, will go up significantly. In the past, the school had focused primarily on offering degree programs to military or former-military personnel. During that time frame, default rates were low. However, in the last few years, the school has decided to broaden its student base, bringing in a higher civilian population. It will be interesting to see if this decision coincides with a rise in default rates.

The article The Student-Debt Debacle in For-Profit Education originally appeared on Fool.com.

Fool contributor Brian Stoffel has no position in any stocks mentioned. The Motley Fool recommends American Public Education and Bridgepoint Education (NYSE:BPI). The Motley Fool owns shares of American Public Education and Bridgepoint Education.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.