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