01/07/2011 08:15 am ET | Updated May 25, 2011

For-Profit College Grads Also Earn A Life Of Debt

Ronnie Franklin borrowed to pay his tuition at a for-profit college that advertised its success in preparing graduates for better jobs. The decision still haunts him. Despite graduating from RETS Technical Center in Boston in 2000, he found himself so strapped for money that he and his two sons lived in a homeless shelter last year.

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