Pupil Lending Analytics We Blog. A lot more than 1 in 3 Federal scholar Loan Borrowers Struggling to help make re Payments

Pupil Lending Analytics We Blog. A lot more than 1 in 3 Federal scholar Loan Borrowers Struggling to help make re Payments

Some are even going as far as to refer to student loans as the new indentured servitude The headline may not be what you thought was the case after you saw the Department of Education’s recent announcement about default rates behind the headlines and the “inside baseball” accounts of which lobbyists are talking to which members of Congress is this gnawing reality that the student loan reform discussion is missing one key constituent: the struggling student loan borrower. All things considered, the quantity they announced when it comes to 2007 default that is cohort (CDR) was 6.7%. It got more interesting after that, when I dug further into those numbers.

First, I became amazed to find out that forbearances and deferments are contained in the denominator for the CDR calculation.

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