Cohort Default Rate Challenges Made Easier
What is a Loan Record Detail Report (LRDR)?
An LRDR is an NSLDS file that contains information about your student loan borrowers in the cohort.
Why is it important to review?
When calculating a Cohort Default Rate, it's possible that data in the LRDR is incorrect. Reviewing the document and finding inaccuracies can shave points off your Cohort Default Rate.
Steps to compare: