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Federal Campus-Based Programs Data Book 1997

Federal Perkins Loan Program
Status of Cohort Default as of June 30, 1996

  (A)
Borrowers Who
Entered Repayment
Status in 1993-94
(B)
Borrowers From
(A) in Default on
June 30, 1995
(C)

Cohort
Default Rate

(D)
Borrowers in
Default More
Than 240 Days
(E)
Principal Outstanding
on Loans in Default
More Than 240 Days
Private 2 Year 5,528   831   15.03   10,412   $12,498,611  
Private 4 Year 153,351   16,972   11.07   205,689   349,620,305  
Proprietary 28,207   8,363   29.65   56,771   64,477,334  
Public 2 Year 21,938   4,582   20.89   48,047   41,552,855  
Public 4 Year 187,501   19,107   10.19   249,535   350,421,902  
           
TOTAL 396,525   49,855   12.57   570,454   $818,571,007  


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[Federal Perkins Loan Fiscal Data by State for 1995-96] [Table of Contents] [Federal Perkins Loan Program Status of Cohort Default by State as of June 30, 1996]