Federal Student Loan Cohort Default Rate


A school’s cohort default rate (CDR) is the percentage of a school’s students who had certain federal student loans enter repayment in a federal fiscal year and then default before the end of the cohort default rate period.

Cohort default rates are based on federal fiscal years. Federal fiscal years begin October 1 of a calendar year and end on September 30th of the following calendar year. Each federal fiscal year refers to the calendar year in which it ends.

In the event Palomar College rises above the national average CDR (Cohort Default Rate), identified Service Members will be notified via email of the CDR status.

Palomar College most recent CDRs:

FY 2019: 5.3%

FY 2018: 14.5%

FY 2017: 11.2%

Please refer to the Cohort Default Rate Guide for a more in-depth description of cohort default rates and how the rates are calculated.

Last modified on February 24, 2023