Word: default
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...national default rate is currently about 13 per cent. The figure for vocational schools is 75 per cent...
Harvard has only a 7 per cent default rate, he added...
...There are so many reasons why people default on loans," Gibson said. "Sometimes they figure the government has plenty of money. Sometimes they are mad about something that happened while they were here, and they aren't going to pay no matter what," he added...
Students contacted yesterday said they were concerned about the ten-day deadline, but they did not think the new provisions would help reduce the default rate...
...intend to default anyway," Eric Cornwell '79 said yesterday. "But if I did, interviewing me wouldn't help," he added...