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With No Way Out Of Trouble, More Students Likely To Default

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For Lora Ladd, the dream went like this: Get a great education in graphic design. Land a $40,000-a-year job. Pay off those student loans. Save some money and start a business.

It all seemed within her grasp. After all, when Ladd researched Brooks College in Long Beach, Calif., the institution promised that almost all of its …