Default happens when a borrower fails to repay his or her student loans according to the promissory note. For federal student loans, default occurs after 270 days without a payment. That’s 9 consecutive months of skipping payments. Federal Student Loan Default...
iontuition’s sister company, i3 Group, has released a new playbook for schools to improve student financial success and student loan repayment. “Improving your CDR: A Best Practice Playbook for Higher Education Professionals” offers both long-term strategies and...
Students are always told not to default on their student loans. But what happens if a loan does go into default? Find out in our presentation. What happens if you default on student loans? from iontuition Each week we’ll bring you videos and presentations from the...
Heard the terms CDR or “cohort default rate” and wondered what they meant? And if they mattered to students? They do. Learn more with our latest presentation. How does the CDR affect students? from iontuition Each week we’ll bring you videos and...
What exactly is CDR? CDR stands for Cohort Default Rate. It’s the percentage of a school’s students who have gone into default on their student loans. For example, a college with a 6% CDR has six percent of its graduates who have gone into default. Why is this...
College dropouts fare worse than college graduates when it comes to paying back student debt. This short animation explains why. Each week we’ll bring you videos and presentations from the world of student loan finance. We know that there is no single solution for...
