Cohort Default Rate
The prevalence of default on student loans among an institution’s alumni is regarded as an indicator of the value of its academic program and its ability to administer student financial aid. High default rates result in sanctions; very high default rates preclude participation in the Direct Loan or Pell Grant programs.
Related topics in this Index: Administrative capability
See also Subtopics for more specific references.
A Closer Look at the Trillion: Borrowing, Repayment and Default at Iowa's Community Colleges (2015)
(Association of Community College Trustees)
Behind the Numbers: Making Sense of Cohort Default Rates
Detecting Early Signs of Default Risk at Austin Community College
Digging Deeper: An Analysis of Student Loan Debt in Texas
Do High Cohort Default Rates Affect Student Living Allowances and Debt Burdens? An Empirical Analysis
(Journal of Student Financial Aid)
Fault Lines in Borrowing: Academic Outcomes of Students in Default (2020)
(Association of Community College Trustees)
Financial Aid at the Crossroads: Managing the Student Debt Crisis in Texas
Institutional Eligibility AskRegs Knowledgebase Q&As
It’s Time to Move Beyond Cohort Default Rates
(Robert Kelchen, Ph.D.)
Lost in the Trillion: A Three-State Comparison of Community College Borrowing and Default (2017)
(Association of Community College Trustees)
Student Loan Default Has Serious Financial Consequences
What Works: College Strategies for Reducing Student Loan Default (2020)
(Association of Community College Trustees and The Institute for College Access and Success)
Why the Cohort Default Rate is Insufficient
(Third Way)