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Gillen, Andrew – Education Sector, 2013
Student college loan default rates have nearly doubled in recent years. The three-year default rate exceeds 13 percent nationally. Tracking and reporting default rates is a crucial means of monitoring how well higher education dollars are spent. Yet, the way default data is gathered, measured, and reported by the federal government clouds…
Descriptors: Loan Default, Student Loan Programs, Debt (Financial), College Students
Nguyen, Mary – Education Sector, 2012
The stories of college graduates burdened with mountains of debt and poor job prospects have been well documented in this recession year. But while these students do face real problems in today's tough economy, their degree will still likely prove to be a wise investment even as the recession draws to a close. This isn't the case for another group…
Descriptors: Research Assistants, Financial Problems, Student Loan Programs, Dropout Rate
Carey, Kevin; Dillon, Erin – Education Sector, 2011
The American higher education system is plagued by two chronic problems: dropouts and debt. Barely half of the students who start college get a degree within six years, and graduation rates at less-selective colleges often hover at 25 percent or less. At the same time, student loan debt is at an all-time high, recently passing credit card debt in…
Descriptors: Credentials, Graduation Rate, Dropouts, Debt (Financial)
Dillon, Erin; Smiles, Robin V. – Education Sector, 2010
Colleges across the nation are struggling to confront a growing problem in higher education: student debt. As more students borrow more money than ever before, and recent graduates enter the worst job market in a generation, students are increasingly unable to pay back their loans. This report discusses the growing problem of students defaulting…
Descriptors: Student Loan Programs, Loan Default, Black Colleges, Debt (Financial)