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[quote=Anonymous]*strongly* recommend also looking at the nonpayment rates by institution when determining which schools are worth attending. You do have to adjust for schools that are of recent origin; a school that opened five years ago hasn't had time for that that many of its students to go into default. https://fsapartners.ed.gov/knowledge-center/library/electronic-announcements/2025-07-23/nonpayment-rates-institution-default-prevention-resource-nslds-delinquent-borrower-report Some of the cosmetology schools do far better than others. A handful have the default rates of mid-tier colleges, but most are in the 30% range, or worse. As always, much of this comes from the population that typically attends.[/quote]
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