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Protecting Colleges and Students: Community College Strategies to Prevent Default

Protecting Colleges and Students: Community College Strategies to Prevent Default

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An ACCT - TICAS collaboration ...
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Description
The Association of Community College Trustees (ACCT) and The Institute for College Access & Success (TICAS) today issued a new report that takes a unique look at student loan default at nine community colleges across the nation, and how those colleges are working to help students avoid default.
 
The authors of Protecting Colleges and Students analyzed detailed data about who borrows and who defaults at nine community colleges across the county. At every college, borrowers who left without completing their program or at least 15 credits defaulted at much higher rates.
 
The report includes several federal policy recommendations to encourage and better support community colleges’ default reduction efforts and makes several recommendations for colleges, including: embracing default reduction as a campus-wide endeavor; analyzing who borrows and who defaults to inform their strategies; providing counseling and information to borrowers when they need it; and participating in the federal loan program.
 
This report is also available free for download at https://www.acct.org/reports-white-papers 
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