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Grimes, Tricia – Minnesota Office of Higher Education, 2010
While Minnesota undergraduates are more likely to take out student loans, they are substantially less likely than their peers nationally to default on federal student loans. Fifty-four percent of Minnesota undergraduates took out student loans in 2007-2008, compared to 39 percent of undergraduates across the U.S. Minnesota undergraduates were also…
Descriptors: Student Loan Programs, Loan Default, Undergraduate Students, Federal Programs