51.   The restructuring could even even raise the default rate on some housing bonds backed by rental agreements if there are changes to the rent subsidy programs.

52.   The schools must submit default management plans to the U.S. Department of Education and have three years to improve their default rates.

53.   The six schools, four of which are within Philadelphia, have suffered dramatic increases over the past year in student loan default rates.

54.   The student loan default rate is way down.

55.   The theory was that by growing rapidly and charging high interest rates, the company would be able to withstand higher-than- average default rates.

56.   They may have been unnerved by rising interest rates and default rates, he added.

57.   True, the current default rate is high.

58.   We have created a new student loan program that has made it easier to borrow and repay loans, and dramatically cut the student loan default rate.

59.   When default rates climb up to five percent, returns on the equity portion fall sharply.

60.   When the default rate was lifted in San Diego, prices went through the roof.