As of March 2019, 43 million Americans held student loans provided through federal government programs, the largest segment of the education loan market. But this system is under pressure as more borrowers struggle to repay, a problem compounded by the complexity of the repayment process. Research on the pathways borrowers take through the…

The Texas Guaranteed Student Loan Corporation (TG) offers critical support to schools, students, and borrowers at every stage of the federal student aid process--from providing information on how to pay for a higher education, including financial aid options, to facilitating successful loan repayment after graduation. As part of that support, this…

Student loan default, defined as federal loan borrowers' failure to make any payments for at least 270 days, is an issue of increasing importance to community colleges and their students. This report takes a unique look at student loan default at nine community colleges across the nation, and how those colleges are working to help students avoid…

Whereas many prior studies evaluated the association between borrower or institutional characteristics and default behavior, the general finding of most researchers today is that college success plays a bigger role in predicting who will default than either the background of the borrower or the type of institution attended. All else being equal,…

In enacting the 1998 Amendments to the Higher Education Act of 1965, as amended, the Congress changed Section 435(a)(5) of the act to lift the exemption for cohort default rates that were established for Historically Black Colleges and Universities (HBCUs) and Tribally Controlled Colleges and Navajo Colleges in 1990. The new provisions became…