Cohort Default Rate (CDR)

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 terms: Administrative capability

Does Student Loan Debt Hinder Community Well-Being? Web URL

Source: International Journal of Community Well-Being

It’s Time to Move Beyond Cohort Default Rates Web URL

Source: Robert Kelchen, Ph.D.

Student Loan Default and Repayment in Kentucky Web URL

Source: Kentucky Council on Postsecondary Education

Student Loan Repayment Web URL

Source: Consumer Financial Protection Bureau

U.S. Student Loans and Debt Levels Set Record: What’s a Legislature to Do? PDF

Source: National Conference of State Legislatures

What Works: College Strategies for Reducing Student Loan Default (2020) Web URL

Source: Association of Community College Trustees and The Institute for College Access and Success