The English High Court in Lehman Brothers International ... has had to consider (among other issues) the meaning of “Default Rate” under the ISDA Master Agreement. The background was somewhat ...

Loan consolidation: Borrowers in default can consolidate one or more student loans into a federal Direct Consolidation Loan. This effectively restarts your loan, meaning you are no longer in ...

While more than 40 million borrowers nationwide still owe for their federal student loans, the Education Department said around five million of them are in default, meaning they haven't made a ...