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ERIC Number: EJ1061540
Record Type: Journal
Publication Date: 2015-Jun
Pages: 24
Abstractor: As Provided
Reference Count: 44
ISBN: N/A
ISSN: ISSN-0895-9048
Cohort Default Rates: Predicting the Probability of Federal Sanctions
Hillman, Nicholas W.
Educational Policy, v29 n4 p559-582 Jun 2015
This study examines the institutional factors associated with student loan default. When a college has more than 30% of its students default on their loans, then the institution faces federal sanctions that could make them ineligible from participating in the federal student loan program. Using Integrated Postsecondary Education Data System (IPEDS) data from 2008 (N = 4,488), and applying logistic regression, this study finds for-profit colleges, those accredited by vocational education programs, and those serving diverse student bodies are most at risk of federal sanctions. It concludes that accreditation reform and improving graduation rates could be long-term solutions to addressing the default problem.
SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: http://sagepub.com
Publication Type: Journal Articles; Reports - Research
Education Level: Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A