News: Important Information
Updated: Draft Cohort Defualt Rate Released
The Department of Education has officially announced the new release dates for the 2-year and 3-year draft cohort default rates.
Champion News
News: Champion Updates
Press Release: Positive Reactions to Champion College Services’ Proactive Actions
Phoenix, AZ October 4th, 2011- On September 14, 2011, the Department of Education officially announced the fiscal year 2009 2-year cohort default rates. The national average went from 7.0% to 8.8%, an increase of 25.7%.
News: Advocacy Updates
Cohort Default Rate Trends: Potential Risks and Proactive Planning
The U.S. Department of Education released the Official FY 2009 2-year Cohort Default Rates on September 12, 2011. Not surprising, the rates had increased significantly in every sector of higher education. The continuing bad economy coupled with challenges from the transition from FFELP to Direct lending are having a definite adverse affect on the cohort default rate trends.
