A three-year cohort default rate (CDR) is the percentage of a college’s students who had certain federal student loans enter repayment in a federal fiscal year and then default before the end of the following two fiscal years.
| Fiscal Year* | Process Date** | Gateway Technical College*** |
|---|---|---|
| 2020 | 9/25/23 | 0.0% |
| 2019 | 9/29/22 | 4.7% |
| 2018 | 9/27/21 | 12.6% |
*Loans in this group first entered repayment during the noted federal fiscal year.
**The official cohort default rates were calculated and announced publicly during this calendar date.
***This represents CDRs for loans used to attend Gateway Technical College.
Please refer to the Department of Education’s Cohort Default Rate Guide for in-depth information about CDRs and how rates are calculated.