National Default Prevention

Our Cohort Calculator™ was simply designed for tracking the projected cohort rates for current and future years with the click of a mouse. The calculator icon is placed on your desktop and once clicked will provide our projected cohort default rate summary with information we have compiled from NSLDS, Direct Loans, FFEL servicers, Perkins loan servicers, College data, and the Guaranty Agencies.

The real-time calculated spreadsheet reflects current and projected rates that can be compared to prior years month-by-month. One of the features of this spreadsheet is the ability to drill-down and access detailed information specific to delinquent borrowers, defaulted borrowers, and borrowers in repayment. The drill down option on the spreadsheet is password protected. This is by far the simplest system when it comes to monitoring cohort default rates.

The National Default Rate shows a decline from 5.1% to 4.6%.