September 28, 2001

Default Rate on Student Loans Falls Again, but Economic Decline Could End Trend

By STEPHEN BURD

Education Secretary Roderick R. Paige announced last week that the rate at which

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Student-Loan Default Rates

borrowers default on student loans had dropped for the ninth consecutive year, dipping below 6 percent for the first time since the Education Department started tracking the rate. But department officials

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