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Looney, Adam; Yannelis, Constantine – Brookings Institution, 2015
This paper examines the rise in student loan default and delinquency. It draws on a unique set of administrative data on federal student borrowing matched to earnings records from de-identified tax records. Most of the increase in default is associated with borrowers at for-profit schools, 2-year institutions, and certain other nonselective…
Descriptors: Student Loan Programs, Loan Default, Federal Aid, Proprietary Schools