Student Loans In 1997 the largest number of college students in a decade did the right thing: they paid back their student loans, according to the latest Education Department study. But with nearly one in ten students still defaulting on their loans, schools with a default rate above 25% risk losing eligibility for need-based loans. Bill Zeeble of member station KERA in Dallas reports that a special burden is placed on the nation's historically black colleges and universities because most of their students rely on those loans.

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In 1997 the largest number of college students in a decade did the right thing: they paid back their student loans, according to the latest Education Department study. But with nearly one in ten students still defaulting on their loans, schools with a default rate above 25% risk losing eligibility for need-based loans. Bill Zeeble of member station KERA in Dallas reports that a special burden is placed on the nation's historically black colleges and universities because most of their students rely on those loans.