TICAS Statement on Official Three-Year (FY15) CDRs

September 26, 2018

New data from the U.S. Department of Education show that 10.8 percent of federal student loan borrowers who entered repayment in 2015 had defaulted on their loans by 2017, a decrease from the prior year’s rate of 11.5 percent. Rates decreased at public and nonprofit colleges, but increased at for-profit colleges.


CDR: What is it Good For? Absolutely Something.

January 22, 2018

The cohort default rate (CDR) is critical for understanding the scope and scale of the most devastating repayment outcome a federal student loan borrower can face: default. This two-page primer lays out value of this metric, suggests ways to strengthen both the metric and the accountability system in which it is used, and urges caution for trading out the CDR for a different...


Federal Student Loan Default Rate Rises for the First Time in 4 Years

September 27, 2017

Data released today by the U.S. Education Department show the share of new federal student loan borrowers defaulting rose for the first time in four years. Despite the availability of income-driven repayment plans that are helping millions of borrowers stay on top of their payments, a record 8.5 million federal student borrowers were in default as of June 30, 2017, including...