This collection of tables is a compilation of 1998 default rates of institutions of higher education participating in the federal Perkins Loan program and is based on the cohort of borrowers who entered repayment status in the 1996-97 reporting period. Data are presented by state and by individual institution and include: (1) number of borrowers who entered repayment status in 1996-97; (2) number of borrowers in default on June 30, 1998; (3) cohort default rate; (4) total number of borrowers in default 240 days or more; and (5) total principal amount outstanding on loans in default 240 days or more. (DB)