<p>Just in case anyone is interested, here's a database where you can search for the student loan default rates of individual schools, and compare them to cohorts: <a href="http://www.ed.gov/offices/OSFAP/defaultmanagement/cdr.html%5B/url%5D">http://www.ed.gov/offices/OSFAP/defaultmanagement/cdr.html</a></p>
<p>Right now, the federal student loan default rate is hovering around 5%, according to the Dept. of Education. In 1990, the year with the highest percentage of defaults, 22.4 percent defaulted on their student loans!</p>