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Wiederspan, Mark – Center for Analysis of Postsecondary Education and Employment, 2015
The degree to which students are able to make adequate repayments on their student loans and avoid default is of special concern for colleges. If too many former students go into default, the college will face sanctions by the federal government and lose eligibility to provide currently enrolled students federal financial aid, such as the Pell…
Descriptors: Student Loan Programs, Loan Repayment, Loan Default, College Students