Document:

Department of Education, 2/3/11

Summary:

Excel file containing the current two-year and upcoming "trial" three-year cohort default rates for all schools participating in loan programs. As the Chronicle of Higher Education noted in its coverage, the current rate is 11.6% for for-profits, but would increase to 25% under the trial measure. The Chronicle has a sortable data table for "Institutions With 3-Year Default Rates of 30 Percent or Higher." This is the group of schools that would be in jeopardy of losing access to federal student aid if the rates remain 30% or more for three consecutive years, starting next year.

Posted
AuthorKeith Blakeman