<?xml version="1.0" encoding="UTF-8"?><item href="/pre-go-live-resources/_migration/2026-07-29/westmont-news/westmont-reverses-national-loan-default-trend.html" dsn="news"><pubDate>09/16/2011</pubDate><title>Westmont Reverses National Loan Default Trend</title><excerpt>While the number of borrowers defaulting on federal student loans has jumped sharply, Westmont is bucking the trend. The national two-year cohort default rate rose to 8.8 percent last year, from 7 percent in fiscal 2008, according to the Department of Education, which released the figures Sept. 12. During the same period, Westmont’s default rate decreased from 1.3 percent to .9 percent in 2009.</excerpt><author>Westmont</author><image>
            
            <img src="/_migrated-binaries/sites/default/files/blogs-legacy/2011/09/Residence-Hall-Room-325x216.jpg" alt="Residence Hall Room"/>
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