The sector continues to have higher rates of borrowing and lower graduation rates, along with
significantly higher default rates.
Not exact matches
The
default rate of black graduates is
significantly higher than the
default rate for first generation, low - income graduates (13 percent, not shown in table).
Banks take more of a risk by giving out such loans with no asset or property to recover in - case a borrower
defaults, which is the main reason why their interests
rates a
significantly higher.
Generally
rates for these types of mortgages are
significantly higher due to risk of the lender not being able to recover funds in the event of
default.
But with home loans of more than $ 350,000 having 20 % worse
default rates,
high loan limits increased the agency's risk
significantly.
With a flat
rate of one point per dollar, its
default earning
rate is lower than the Chase Freedom Unlimited Card — but it also offers a
significantly higher earning
rate of five points per dollar on select spending categories that rotate quarterly.