Cohort Default Rate
A cohort default rate is the percentage of a school’s borrower’s in the U.S. who enter repayment of federal student loans during a fiscal year and default within the cohort default period. The Department of Education calculates the school’s Cohort Default Rate (CDR).
| FY2018 | FY2019 | FY2020 | |
|---|---|---|---|
| Kirkwood Community College Rate | 12.30% | 2.00% | 0.00% |
| National Average Public 2-3 Year Institutions | 11.50% | 3.17% | 0.00% |
| Percentage of Students Who Borrow | 16.69% | 16.19% | 17.31% |
Source: Federal Student Aid website