U.S. Department of Educat
09-15-2006, 05:54 AM
Secretary Spellings announced that the fiscal year 2004 national student loan cohort default rate was 5.1 percent, a small increase from last year's record-low rate of 4.5 percent and 77 percent lower than the all-time high of 22.4 percent set 14 years ago.
More... (http://www.ed.gov/news/pressreleases/2006/09/09132006.html)
More... (http://www.ed.gov/news/pressreleases/2006/09/09132006.html)