Kate Davidson
For $2, this little guy gets a “college boy” cut from barber student Tom Amundson
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America’s student loan debt is now bigger than its credit card debt. It’s approaching a trillion dollars. Student loan default rates are rising too. While many families struggle to afford traditional colleges, a lot of student debt comes from attending private, for-profit schools that focus on vocational training. These students default on their loans twice as often as students from public colleges. Today we’re looking at one small school battling big defaults.