School’s Default Rates Just Part of the Story

ED will report default rates this week. Schools with high rates of default face issues.

​school doesn’t want its default rate to hit 40 percent a year, or 30 percent over three years: because this could cause termination from the program.

Is default the student’s burden? Or the institution’s? And the federal government doesn’t always consider a would-be borrowers’ credit risk the way private lenders can.

About defaultprevention

Default Prevention Specialist since 1998.
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