Federal Loan Cohort Default Rate

 

Cohort Default Rate

A cohort default rate is the percentage of a school’s borrower’s in the U.S. who enter repayment of federal student loans during a fiscal year and default within the cohort default period.  The Department of Education calculates the school’s Cohort Default Rate (CDR).

 

  FY2019 FY2020 FY2021
Kirkwood Community College Rate 2.00% 0.00% 0.00%
National Average Public 2-3 Year Institutions 3.17% 0.00% 0.00%
Percentage of Students Who Borrow 16.19% 17.31% N/A

 

Source: Federal Student Aid website