Trends and Issues

Policy potpourri

Q.: How is a school's cohort default rate (CDR) affected if a borrower receives Stafford loans at multiple schools and defaults during the cohort default period?

A.: A borrower who defaults within the cohort default period on two or more loans that entered repayment during a single fiscal year and were borrowed to attend more than one school will be included in the numerators of that fiscal year's CDR calculations for each school.

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