Repayment Status of Federal Education Loan Portfolio
In March 2017, 16% of borrowers—but only 10% of outstanding dollars—were in default. In other words, defaulters have lower average balances than other borrowers.
Figure 10B: Repayment Status of Federal Education Loan Portfolio, Second Quarter FY2017
Notes & Sources
NOTE: Includes both loans made under the Federal Direct Loan Program and loans made under the Federal Family Education Loan Program, which ended in 2009-10. The second quarter of FY2017 ended on March 31, 2017.
SOURCE: U.S. Department of Education, Federal Student Aid Data Center, Federal Student Loan Portfolio.