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For-profit companies offer derisory graduation rates, crushing levels of debts and degrees of dubious value.
Many senior academics opposed the move, citing "derisory graduation rates, crushing levels of debts and degrees of dubious value" from some for-profit American companies.
This precipitated the "assumption" crisis because different states had different levels of debts and had proved more or less conscientious in paying them off.
Much of the construction was funded through loans or credit to cash-strapped local governments, which now face huge levels of debts that could potentially turn sour.
Similar(54)
We have Greek levels of debt, but German interest rates.
And they have high levels of debt and low levels of savings".
Medics face similarly high levels of debt, on average £19,000, according to the British Medical Association.
Existing levels of debt will add to the decline in housing equity withdrawal.
Countries that want help must downsize levels of debt and public spending.
Farmers are now in record levels of debt, having borrowed £17.8bn from banks last year.
What looked like sensible levels of debt for companies a year or 18 months ago now look ridiculous.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com