Sat.Jul 04, 2015 - Fri.Jul 10, 2015

article thumbnail

What is the Cohort Default Rate (and relationship to student debt)?

National Service Bureau

Introduction to the Cohort Default Rate: When students default on their federal student loans the government and by consequence, taxpayers, lose money. Although student debt default costs the university money as well, it only has an appreciable effect as long as the institution cannot collect on short-term tuition payments and/or is subsequently unable to replace the student with another.