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IPFS News Link • Arizona's Top News

Arizona's student loan default rate tops nation

• East Valley Tribune

A U.S. Department of Education report lists Arizona as having the nation’s highest rate of student loan defaults, but where the state really stands comes down to how you view the numbers.

That’s because the report counts loan defaults by schools based in a state. That means the for-profit University of Phoenix, with its nationwide student body, counts toward Arizona’s rate.

And count it does.