As Stricter Default Standard Looms, Community Colleges Brace for Impacts


With eligibility for federal student aid on the line and millions at stake, aid administrators are scrambling to bring their default rates down. National Park Community College (above), in Arkansas, has become an example of how to do that.
July 03, 2014 Premium content for subscribers. Subscribe Today

Starting this fall, colleges will be held to a higher standard for keeping their student-loan borrowers out of default, and that has some student-aid administrators very nervous. Colleges that fall short could lose their eligibility to award federal...

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