Cohort Default Rates

The current student loan payment relief benefits have provided vital economic support to upwards of 33 million borrowers who can better cover their basic needs during the pandemic without having to worry about their balances ballooning from unpaid interest, or their loans falling into delinquency or default. Without policymaker action, these protections will expire on December.

A brief co-authored by The Association of Community College Trustees (ACCT) and the Institute for College Access & Success revisits some of the colleges we profiled in 2014 to learn how their approaches to default prevention have evolved over time, and highlights strategies community colleges use to support students and improve their cohort default rates (CDRs).

The Association of Community College Trustees (ACCT) and The Institute for College Access & Success (TICAS) today released What Works: College Strategies for Reducing Student Loan Default, a brief highlighting approaches to default prevention that community colleges use to support students and improve their cohort default rates (CDRs).

Read on Twitter

The 9.7% FY17 cohort default rate (CDR) published…

Fact sheet focuses on the importance of the cohort default rate (CDR), details how some colleges may evade accountability by exploiting forbearance options, and includes recommendations on how to protect the CDR from forbearance abuse.

With more than one million students defaulting on their loans every year, policymakers need to do more to prevent unaffordable debts. In a new report, TICAS underscores the importance of strengthening the cohort default rate (CDR) in order to further reduce the risk of student loan default.