Adam Looney, Tiffany Chou , and Tara Watson, 2017.
The authors identify a particular metric of institutional loan performance, the cohort repayment rate (i.e. a measure of how much of their loans a particular group of students has repaid several years after graduation), that could be used to create accountability among higher education institutions. Ultimately, it could help drive more low- and middle-income college borrowers toward schools that do a good job of providing economic mobility to low-income students. [download pdf]
