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Default rates rise as bond ratings decline.
"Default rates are rising.
Default rates have dropped dramatically.
That keeps default rates low.
Will that affect default rates?
Donaldson's forecast is for falling default rates.
But didn't default rates also jump?
"There are colleges with higher default rates than graduation rates".
Nevada, Arizona, Michigan and Ohio also had high default rates.
And default rates are expected to rise as well.
And as in the US, default rates are rising.
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