Graduates spent nearly $7.5 billion on education that failed to deliver

Student loan borrowers spent billions on career training programs that failed to deliver.

Roughly 350,000 students attended and graduated from either two or four year career-education programs in 2012 that were failing or close to failing certain government metrics, according to an analysis of government data released Wednesday by the Institute for College Access and Success, an organization that advocates for equity in higher education.

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