Monthly Archives: March 2011

Two Year Rates as Compared to Three Year Rates

Overall default rates on federal student loans under the three-year window were 13.8% for students who entered repayment in fiscal 2008, nearly double the current official default rate of 7% as calculated under a two-year window. For 2007 borrowers, based … Continue reading

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Defaults Increase

Student loan defaults have increased as higher education enrollment has risen in the down economy. About 8 percent of nonprofit college students default on their loans within three years – up from 7 percent in 2009 – and students at … Continue reading

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