As fall approaches, the grace period is ending for many student loans. Most graduates will have multiple student loans, at least one per year. So how do you prioritize? Here are some suggestions we think will help: Get organized Organization always helps to prioritize...
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...
You may have heard the term “grace period” when you got your student loan, but weren’t sure what it was. Here are the basics. The grace period is a period of six months, or 180 days, where you don’t have to make any payments. It starts when you graduate, leave school,...
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...
Gail Buckner, Your Money Matters columnist and financial reporter, is no stranger to reports on sky-rocketing college tuition or the availability of federal student aid. But literally in the middle of her Fox Business story on Friday, it’s as if she shouts out in a...
