Sentences with phrase «on cohort default rate»

GAO recommended that the Department of Education increase the transparency of reporting on cohort default rate sanctions and that a legislative remedy be implemented that requires the information that schools and third - parties provide to borrowers regarding loan repayment and postponement be accurate and more robust.

Not exact matches

Though I begin by looking at outcomes among borrowers, for most of the report I will focus on default rates and debt burdens among all entrants of a given cohort and demographic group, including those who never borrowed.

In 2006, a U.S. Department of Education report noted that black graduates were more likely to take on student debt, and in 2007, an Education Sector analysis of the same data found that black graduates from the 1992 - 93 cohort defaulted at a rate five times higher than that of white or Asian students in the 10 years after graduation (Hispanic / Latino graduates showed a similar, but somewhat smaller disparity).

(Note that a default on a consolidation loan is treated as though it were a default on the loans that were consolidated for the purpose of calculating the cohort default rate.

This would appear to prohibit Sallie Mae from paying different premiums based on a school's cohort default rate or refusing to make federal loans to students at particular eligible institutions.

When an education lender seeks to improve the quality of its loan portfolio, it may want to discriminate on the basis of the borrower's credit score or attendance at a particular educational institution or type of educational institution (e.g., based on the institution's cohort default rate or the institution's graduation rate).

The ban on discrimination on the basis of attendance at a particular institution probably precludes using stricter cohort default rate standards than the Higher Education Act.

On Thursday, the Government Accountability Office (GAO) released a report that found that some higher ed institutions hired third - party consultants to encourage recent graduates to put their student loans in forbearance (in lieu of potentially more beneficial repayment plans) as a way for those schools to avoid a poor cohort default rate.

Changes: We have revised § § 668.412 to specify that an institution may not include on the disclosure template information about completion or withdrawal rates, the number of individuals enrolled in the program during the most recently completed award year, loan repayment rates, placement rates, the number of individuals enrolled in the program who received title IV loans or private loans for enrollment in the program, median loan debt, mean or median earnings, program cohort default rates, or the program's most recent D / E rates if that information is based on fewer than 10 students.

Except as provided in § 668.508 (b), you may appeal, on the basis of improper loan servicing or collection, the calculation of the most recent program cohort default rate for a GE program.

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