According to College Factual, Loan default rates can serve students as an indicator for college affordability. The Fiscal Year 2019’s 3 Year Cohort Default Rate (CDR) for Sam Houston State University is 1.3%. This includes 4,790 borrowers in repayment during the 2017 Fiscal Year. Those students were tracked over a three year period and 63 of them defaulted on their student loans.
The Department of Education does not have the national FY 2019 3 year CDR published, so for comparison, SHSU’s FY 2018 3 year CDR was 6.2%. This included 294 defaulted borrowers out of 4,677 in repayment. The national 3 year CDR was 7.3%.
With the pause of student loan repayments, there is a nationwide decrease in the 3 year CDR since borrowers are not required to make payment. See Deferral of Accountability Metrics: Unintended Consequences of the Student Loan Payment Pause.