Posted Date: August 20, 2013

Author:  Fred Anderson, Chief Risk Officer, Risk Management, Federal Student Aid

Subject: Default Rates for Cohort Years 2006-2010

Attached is an explanation of four types of federal student loan default rates measured by the Department of Education and a summary of these rates for the cohort years 2006-2010. The four types of rates are the 2-Year and 3-Year Cohort Default Rates, the Budget Lifetime Default Rate (as reflected in the latest estimates as of July 2012), and the Cumulative Lifetime Default Rate.


Explanation of Default Rates in PDF Format, 19KB, 1 Page

Default Rates for Cohort Years 2006-2010 in PDF Format, 32KB, 2 Pages


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