Archive for April 5th, 2019

So, what explains student loan defaults?

April 5, 2019

Prompted by ideas being floated  to make colleges underwrite their their students’ loans, I’ve been doing some digging.

The most headlined explanations of student loan defaults report that over half of for-profit college students and over half of black students default on their loans.

The numbers may be true, but they’re more emotionally-charged than they are instructive.

So,  the left-leaning Brookings Institution drilled deeper on the headlined conclusions to understand what accounts for gaps in student loan defaults.


Here are some of the more interesting conclusions from the “Evidence Speaks Report”…