The federal student loan data are showing some large increases in graduate student loans at public and nonprofit universities that are known to be contracting with OPM companies to run their online masters programs. Pepperdine University, a nonprofit Christian school in California, showed a 24 percent increase in loan volume, largely associated with growth in graduate student loans. The school contracts with the for-profit 2U, Inc. to run its online MBA program. The University of California, Davis, disbursed 20 percent more https://worldpaydayloans.com/payday-loans-ny/massena/ in student loan funds, with an 30 percent increase in the number of graduate student loans (and a 12 percent increase in parent loans). A year ago the school launched an online MBA program, managed by 2U, Inc.

Baylor University, a nonprofit Christian school in Waco, Texas, had a 16 percent increase in student loans in the latest federal data. The number of loans to graduate students is 69 percent higher than in the same period the prior year, while the number of undergraduate loans is 7 percent lower and the number of parent loans is 5 percent lower. Baylor’s online graduate programs are managed by 2U, Inc. The public Lamar University of Beaumont, Texas, had a 27 percent increase in graduate student loans as of company Academic Partnerships runs the school’s online programs and is paid a higher share of tuition for graduate students, according to the contract obtained by TCF.Continue reading→