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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