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There was a much higher default rate.
In addition, the data show that direct federal loans have a 5percentt higher default rate than federally guaranteed loans.
And students at for-profit institutions have a higher default rate than those who attend public or nonprofit colleges.
But high-yields, with their phenomenal spread over Treasuries right now, are highly attractive, even with the higher default rate.
Lowered lending standards have led to a higher default rate from borrowers.
The fact that certain social problems tend to be more common in urban areas could provide a possible explanation for the higher default rate in Tashkent in comparison to the rest of Uzbekistan.
Similar(47)
"There are colleges with higher default rates than graduation rates".
Direct loans are also subject to higher default rates and inferior customer service.
Companies Bain bought did not have higher default rates than other companies.
Over time, she continues, "It's a great formula for unmanageable levels of debt and hence higher default rates".
Studies have also shown that borrowers who need to take cash out of their homes when they refinance have higher default rates than those who do not.
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