That might seem small at first glance, but relative to the current three - year cohort default rate of approximately 11 percent, it is a substantial change. (educationnext.org)
To find Default Rate, we used the Department of Education's most recent Official Cohort Default Rates for Schools report. (studentloans.net)
To calculate the Student Loan Default Rate, we used the Department of Education's Official Cohort Default Rates for Schools for borrowers whose federal student loans went into repayment in 2013. (lendedu.com)