Posted Date: December 09, 2008

Author: Sybil Phillips, Service Director, Portfolio Performance Management, Federal Student Aid

Subject: Default Rates for Cohort Years 2002-2006

Attached is an explanation of the three types of Default Rates and a summary of these rates for the Cohort Years 2002-2006. The three types of rates are Cohort Default Rate, Budget Lifetime Default Rate (as reflected in the latest estimates as of July 1, 2008), and Cumulative Lifetime Default Rate.

Attachments/Enclosures:

Explanation of Default Rates in PDF Format, 13KB, 1 page

Default Rates for Cohort Years 2002-2006 in PDF Format, 15KB, 1 page

   

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