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

A Closer Look at the Trillion: Borrowing, Repayment and Default at Iowa's Community Colleges (2015) (Association of Community College Trustees) Web URL

Are Student Loan Default Rates Linked to Institutional Capacity? (Journal of Student Financial Aid) Web URL

Behind the Numbers: Making Sense of Cohort Default Rates (Trellis Company) PDF

Cohort Default Rates: Predicting the Probability of Federal Sanctions (Educational Policy: An Interdisciplinary Journal of Policy and Practice) Web URL

Costs and Risks in the Federal Student Loan Program: How Accountability Policies Can Protect Taxpayers (American Enterprise Institute) Web URL

CDR: What is it Good For? Absolutely Something. (The Institute for College Access and Success) Web URL

Detecting Early Signs of Default Risk at Austin Community College (Trellis Company) PDF

Digging Deeper: An Analysis of Student Loan Debt in Texas (Trellis Company) PDF

Do High Cohort Default Rates Affect Student Living Allowances and Debt Burdens? An Empirical Analysis (Journal of Student Financial Aid) Web URL

Does Student Loan Debt Hinder Community Well-Being? (International Journal of Community Well-Being) Web URL

Driving Down Default: How to Strengthen the Cohort Default Rate to Further Reduce Federal Student Loan Default Risk (The Institute for College Access and Success) Web URL

Fault Lines in Borrowing: Academic Outcomes of Students in Default (2020) (Association of Community College Trustees) Web URL

Financial Aid at the Crossroads: Managing the Student Debt Crisis in Texas (Trellis Company) PDF

Helping Our Students to Help Us (National Association of College and University Business Officers) Web URL

Institutional Eligibility AskRegs Knowledgebase Q&As (National Association of Student Financial Aid Administrators) Web URL

It’s Time to Move Beyond Cohort Default Rates (Robert Kelchen, Ph.D.) Web URL

Lost in the Trillion: A Three-State Comparison of Community College Borrowing and Default (2017) (Association of Community College Trustees) Web URL

Protecting the Cohort Default Rate from Forbearance Abuse (The Institute for College Access and Success) Web URL

Student Loan Default and Repayment in Kentucky (Kentucky Council on Postsecondary Education) Web URL

Student Loan Default Has Serious Financial Consequences (The Pew Charitable Trusts) Web URL

Student Loan Repayment (Consumer Financial Protection Bureau) Web URL

TICAS Analysis of Official Three-Year Cohort Default Rates (FY17) (The Institute for College Access and Success) Web URL

Unaffordable Loans: When Should Schools Become Ineligible for Student Loan Programs? (Urban Institute) PDF

U.S. Student Loans and Debt Levels Set Record: What’s a Legislature to Do? (National Conference of State Legislatures) PDF

What Works: College Strategies for Reducing Student Loan Default (2020) (Association of Community College Trustees and The Institute for College Access and Success) Web URL

Why the Cohort Default Rate is Insufficient (Third Way) Web URL