Sentences with phrase «decrease loan default rates»
His solution involves reauthorizing and altering the Higher Education Act with an emphasis «to simplify and streamline the student loan repayment process and decrease loan default rates.»
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The leading reason why the overall default rate has decreased since FY 2009 is federal student loan reform measures implemented since the onset of the Great Recession.
Possibly part of the reason that the default rate has declined is that the overall enrollment in proprietary schools slightly decreased and sanctioning institutions with excessively high default rates from accepting federal loans as payment.
The auto loan default rate reported a historical low of 0.86 percent, a decrease of eight basis points.