Student Loans: Effect of Including Certain Types of Loans in Calculating Schools' Default Rates

HEHS-98-135R Published: Apr 17, 1998. Publicly Released: Apr 17, 1998.

Highlights

Pursuant to a congressional request, GAO provided information on the formula specified in the Higher Education Act of 1965 for calculating schools' student loan cohort default rates, focusing on the effect on schools' default rates of including loans in deferment or forbearance in the denominator of the formula.

Full Report

Full Report (6 pages)

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Chuck Young

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Topics

Education

Colleges and universitiesDelinquent loansDirect loansGovernment guaranteed loansLoan defaultsLoan repaymentsProprietary schoolsStudent loansStudent loan defaultStudent loan repayment program