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Direct linkSeifert, Charles F.; Wordern, Lorenz – Journal of Student Financial Aid, 2004
The cost of student loan defaults is a growing problem. At the beginning of this century, defaulted student loans exceed $25 billion (Student Aid News, 2001). In addition to the costs borne by the taxpayer as the federal government purchases defaulted accounts, there are costs incurred by schools, lenders, loan servicers, and guaranty agencies for…
Descriptors: Evidence, Early Intervention, Student Loan Programs, Prevention
