Answered By: Bobray Bordelon Last Updated: May 03, 2018 Views: 94
According to this document, the U.S. Dept. of Education first issued Cohort Default Rates (CDR) in 1989. From 1989-2011, only 2-year CDRs were published. After a transition period during which both 2-year and 3-year CDRs were calculated, the U.S. Dept. of Education now calculates and publishes only 3-year CDRs. Separate cohort default rates are calculated for Federal Perkins Loans. Cohort Default Rate calculations do not include Direct PLUS Loans.
The Federal Student Aid office publishes recent default rates by school, lender, state and institution type, budget lifetime and cumulative lifetime, and Three-Year Cohort Default Rates.
- Older Cohort Default Rates, by School: https://web.archive.org/web/*/http://www.ifap.ed.gov/DefaultManagement/press/
Additional Two- and Three-Year Cohort Default Rate Resources from the Project on Student Debt from the Institute for College Access & Success.
Chat with a Librarian
Text a Librarian
Text (609) 277-3245 to get live help on your mobile phone (available the same hours as the Chat service)
Email a Librarian
Call a Librarian
Call (609) 258-5964 to speak to a reference librarian during most open hours of the Libraries.