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September 15, 2014
Loan Default Rate Causes Colleges To Drop Program
By Harry Painter
RALEIGH — In North Carolina, according to the North Carolina Community College System office, only 18 of the 58 member schools will participate in the federal lending program this fall, down from 21 in 2009. A national group, The Institute for College Access & Success, issued a report in July, through its Project on Student Debt, criticizing the policy allowing community colleges to deny loans to students.