Factor Student Loan Default Rates Into College Search
usnews | November 22, 2017
High school juniors and seniors considering college options may concentrate on institutions' course offerings, location and price – not a school's cohort default rate. But overlooking the CDR is a mistake. Prospective college students rarely consider what will happen to their student loans if they can't complete their education or find a job after graduation. This may not seem like a problem before you've chosen a college, never mind borrowed student loans.