National Student Loan Cohort Default Rate Falls

National Student Loan Cohort Default Rate Falls

https://www.ed.gov/news/press-releases/national-student-loan-cohort-default-rate-falls: The U.S. Department of Education (Department) today announced that the Fiscal Year (FY) 2015 national federal student loan cohort default rate (also referred to as the CDR)...

Student Loans 101: How does CDR affect students?

What exactly is CDR? CDR stands for Cohort Default Rate. It’s the percentage of a school’s students who have gone into default on their student loans. For example, a college with a 6% CDR has six percent of its graduates who have gone into default. Why is this...