All Posts Tagged: 'Hurricanes Rita and Katrina'


Don’t Blame the Weather

September 18th, 2008 | Category: Undergraduate Education

On Tuesday the Department of Education released its annual report on student loan default rates. Under their official calculations, the rate jumped from 4.6 to 5.2 percent. In the press release announcing the increase they attribute the rise to Hurricanes Katrina and Rita. Media coverage bought this line, most obviously the Chronicle [...]