|
|
|
|
|
|
by xanados
5055 days ago
|
|
|
A default rate of 5.9 vs. 3.8 is significant. That means that if two groups of 1000 students take out loans, the group made up of liberal arts majors will have 55% more defaults than the engineering group. Given that loan interest rates are on the order of 5%, I fail to see how a 2.1% difference in default rate would ever not be significant. |
|
|