Attempted to replicate and extend the findings of earlier Student Loan Recipient Survey of the 1987 National Postsecondary Student Aid Study (NPSAS:87) on student loan defaults. Analysis of 1,117 borrowers from 510 institutions indicated that besides certain precollege traits and high grade point averages, postcollege employment congruent with the…

The failure of students to repay federally insured loans has led to an increased emphasis on default prevention and threatens institutions with high default rates with exclusion from federal student aid programs. Prior studies of default prevention using theoretical constructs based on economics, sociology, and psychology have yielded mixed…

A study of 180 defaulters and 907 nondefaulters on federal loans at a private 2-year college found that withdrawal from college, gender, race, age, high school rank, and college grades were significantly correlated with default status. Division choice, borrowing characteristics, and reasons for leaving college did not correlate with default…