In the Public Interest” reports:

1) National: A report released last week by the Institute for College Access & Success says that former students of for-profit colleges account for nearly half (44%) of all federal student loan defaults. “For-profit colleges also continue to have a much higher average default rate than other types of schools: 19.1 percent, compared to 12.9 percent at public colleges and 7.2 percent at nonprofit colleges.” Among other steps, the Institute recommends cracking down on default rates through administrative actions and an upcoming rulemaking.

“National: Gordon Lafer digs into the goals and strategy of the charter school industry. He reports that “a new type of segregation” is at hand. “The charter industry seeks to build a new system of segregated education—one divided by class and geography rather than explicitly by race. (…) The US Chamber of Commerce, the American Legislative Exchange Council (ALEC), Americans for Prosperity and their legislative allies are promoting an ambitious, two-pronged agenda for poor cities: replace public schools with privately run charter schools, and replace teachers with technology.”