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Cohort Default Rate (CDR)

header-title-decorationCohort Default Rate (CDR)

CDR is a WASC accreditation review criteria as a financial management indicator of
effectiveness of default prevention measures/education and financial literacy training.
It is a measure of the number of students defaulting on student loans out of a graduate
cohort of students entering post-grace period repayment in a fiscal year.

Fiscal year 2018

Repayment Year 2012 2013 2014 2015 2016 2017 2018
Cohort Default Rating 1.4% 1.6% 5.1% 1.7% 2.3% 2.0% 2.6%

The threshold for action: ≥25% results in sanctions and may lead to provisional certification of the school when applying for recertification to participate in the Student Financial Aid Assistance Programs. CDR converted to an average 3 year rating in 2014.