Effort aims to reduce student loan defaults/PE Inland News
January 16th, 2008http://www.pe.com/localnews/inland/stories/PE_News_Local_S_default16.310a277.html#
“California community colleges - with fewer student loans than other states but more defaults - will join a national effort to find ways to address the problem.”
“All but one Inland-area community college, Crafton Hills in Yucaipa, had a default rate higher than the national average.”
Blog:
The Press Enterprise reports from the US Department of Education that the default rate for MSJC was 14.4% of student borrowers or 51 students of the 352 who graduated, transferred or dropped out in 2003 and were in default two years later. Default rates cost taxpayers money and hurt students credit.
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