Key Takeaways
- Over 1,000 colleges are at risk of losing access to federal student loans due to high default rates, with 400 having rates above 40 percent and another 700 between 30-40 percent.
- An economist says colleges in the ‘danger zone’ have time to take proactive measures to reduce default rates, such as advising recent alumni on loan repayment options, before facing potential loss of federal aid.
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