diff --git a/cms/djangoapps/contentstore/features/problem-editor.py b/cms/djangoapps/contentstore/features/problem-editor.py
index 99b693225d..64b2ec9b5c 100644
--- a/cms/djangoapps/contentstore/features/problem-editor.py
+++ b/cms/djangoapps/contentstore/features/problem-editor.py
@@ -33,12 +33,11 @@ def i_edit_and_select_settings(step):
 def i_see_five_settings_with_values(step):
     world.verify_all_setting_entries(
         [
-            [DISPLAY_NAME, "New problem", True],
+            [DISPLAY_NAME, "Blank Common Problem", True],
             [MAXIMUM_ATTEMPTS, "", False],
             [PROBLEM_WEIGHT, "", False],
-            # Not sure why these are True other than via inspection
-            [RANDOMIZATION, "Always", True],
-            [SHOW_ANSWER, "Closed", True]
+            [RANDOMIZATION, "Never", False],
+            [SHOW_ANSWER, "Finished", False]
         ])
 
 
@@ -96,7 +95,7 @@ def my_change_to_randomization_is_persisted(step):
 def i_can_revert_to_default_for_randomization(step):
     world.revert_setting_entry(RANDOMIZATION)
     world.save_component_and_reopen(step)
-    world.verify_setting_entry(world.get_setting_entry(RANDOMIZATION), RANDOMIZATION, "Always", False)
+    world.verify_setting_entry(world.get_setting_entry(RANDOMIZATION), RANDOMIZATION, "Never", False)
 
 
 @step('I can set the weight to "(.*)"?')
diff --git a/cms/djangoapps/contentstore/tests/test_course_settings.py b/cms/djangoapps/contentstore/tests/test_course_settings.py
index fc04ad0a58..44eb16436d 100644
--- a/cms/djangoapps/contentstore/tests/test_course_settings.py
+++ b/cms/djangoapps/contentstore/tests/test_course_settings.py
@@ -351,7 +351,7 @@ class CourseMetadataEditingTest(CourseTestCase):
         self.assertEqual(test_model['display_name'], 'Robot Super Course', "not expected value")
         self.assertIn('rerandomize', test_model, 'Missing rerandomize metadata field')
         # check for deletion effectiveness
-        self.assertEqual('closed', test_model['showanswer'], 'showanswer field still in')
+        self.assertEqual('finished', test_model['showanswer'], 'showanswer field still in')
         self.assertEqual(None, test_model['xqa_key'], 'xqa_key field still in')
 
 
diff --git a/common/lib/xmodule/xmodule/capa_module.py b/common/lib/xmodule/xmodule/capa_module.py
index 752f0d3362..40c69e9169 100644
--- a/common/lib/xmodule/xmodule/capa_module.py
+++ b/common/lib/xmodule/xmodule/capa_module.py
@@ -103,7 +103,7 @@ class CapaFields(object):
         help=("Defines when to show the answer to the problem. "
               "A default value can be set in Advanced Settings."),
         scope=Scope.settings,
-        default="closed",
+        default="finished",
         values=[
             {"display_name": "Always", "value": "always"},
             {"display_name": "Answered", "value": "answered"},
@@ -123,7 +123,7 @@ class CapaFields(object):
         help="Defines how often inputs are randomized when a student loads the problem. "
              "This setting only applies to problems that can have randomly generated numeric values. "
              "A default value can be set in Advanced Settings.",
-        default="always",
+        default="never",
         scope=Scope.settings,
         values=[
             {"display_name": "Always", "value": "always"},
@@ -1112,6 +1112,20 @@ class CapaDescriptor(CapaFields, RawDescriptor):
             path[8:],
         ]
 
+    @classmethod
+    def from_xml(cls, xml_data, system, org=None, course=None):
+        """
+        Augment regular translation w/ setting the pre-Studio defaults.
+        """
+        problem = super(CapaDescriptor, cls).from_xml(xml_data, system, org, course)
+        # pylint: disable=W0212
+        if 'showanswer' not in problem._model_data:
+            problem.showanswer = "closed"
+        if 'rerandomize' not in problem._model_data:
+            problem.rerandomize = "always"
+        return problem
+
+
     @property
     def non_editable_metadata_fields(self):
         non_editable_fields = super(CapaDescriptor, self).non_editable_metadata_fields
diff --git a/common/lib/xmodule/xmodule/templates/problem/circuitschematic.yaml b/common/lib/xmodule/xmodule/templates/problem/circuitschematic.yaml
index 1717bb91ad..051dfe1912 100644
--- a/common/lib/xmodule/xmodule/templates/problem/circuitschematic.yaml
+++ b/common/lib/xmodule/xmodule/templates/problem/circuitschematic.yaml
@@ -1,8 +1,6 @@
 ---
 metadata:
     display_name: Circuit Schematic Builder
-    rerandomize: never
-    showanswer: finished
     markdown: !!null
 data: |
       <problem >
diff --git a/common/lib/xmodule/xmodule/templates/problem/forumularesponse.yaml b/common/lib/xmodule/xmodule/templates/problem/forumularesponse.yaml
index 4cf877bd1f..807a7833e4 100644
--- a/common/lib/xmodule/xmodule/templates/problem/forumularesponse.yaml
+++ b/common/lib/xmodule/xmodule/templates/problem/forumularesponse.yaml
@@ -1,8 +1,6 @@
 ---
 metadata:
     display_name: Math Expression Input
-    rerandomize: never
-    showanswer: finished
     markdown: !!null
 data: |
   <problem>
diff --git a/common/lib/xmodule/xmodule/templates/problem/imageresponse.yaml b/common/lib/xmodule/xmodule/templates/problem/imageresponse.yaml
index 566997671d..44bcc56d80 100644
--- a/common/lib/xmodule/xmodule/templates/problem/imageresponse.yaml
+++ b/common/lib/xmodule/xmodule/templates/problem/imageresponse.yaml
@@ -1,8 +1,6 @@
 ---
 metadata:
     display_name: Image Mapped Input
-    rerandomize: never
-    showanswer: finished
     markdown: !!null
 data: |
   <problem>
diff --git a/common/lib/xmodule/xmodule/templates/problem/multiplechoice.yaml b/common/lib/xmodule/xmodule/templates/problem/multiplechoice.yaml
index 202fc03b44..68845564d5 100644
--- a/common/lib/xmodule/xmodule/templates/problem/multiplechoice.yaml
+++ b/common/lib/xmodule/xmodule/templates/problem/multiplechoice.yaml
@@ -1,8 +1,6 @@
 ---
 metadata:
     display_name: Multiple Choice
-    rerandomize: never
-    showanswer: finished
     markdown: |
        A multiple choice problem presents radio buttons for student input. Students can only select a single 
        option presented. Multiple Choice questions have been the subject of many areas of research due to the early 
diff --git a/common/lib/xmodule/xmodule/templates/problem/numericalresponse.yaml b/common/lib/xmodule/xmodule/templates/problem/numericalresponse.yaml
index 9b2ddec2a7..e97a54b460 100644
--- a/common/lib/xmodule/xmodule/templates/problem/numericalresponse.yaml
+++ b/common/lib/xmodule/xmodule/templates/problem/numericalresponse.yaml
@@ -1,8 +1,6 @@
 ---
 metadata:
     display_name: Numerical Input
-    rerandomize: never
-    showanswer: finished
     markdown: |
        A numerical input problem accepts a line of text input from the
        student, and evaluates the input for correctness based on its
diff --git a/common/lib/xmodule/xmodule/templates/problem/optionresponse.yaml b/common/lib/xmodule/xmodule/templates/problem/optionresponse.yaml
index 8e59f8ae4d..44af7a850a 100644
--- a/common/lib/xmodule/xmodule/templates/problem/optionresponse.yaml
+++ b/common/lib/xmodule/xmodule/templates/problem/optionresponse.yaml
@@ -1,8 +1,6 @@
 ---
 metadata:
     display_name: Dropdown
-    rerandomize: never
-    showanswer: finished
     markdown: |
         Dropdown problems give a limited set of options for students to respond with, and present those options
         in a format that encourages them to search for a specific answer rather than being immediately presented 
diff --git a/common/lib/xmodule/xmodule/templates/problem/string_response.yaml b/common/lib/xmodule/xmodule/templates/problem/string_response.yaml
index 9c59ae3bc2..cf95fe8331 100644
--- a/common/lib/xmodule/xmodule/templates/problem/string_response.yaml
+++ b/common/lib/xmodule/xmodule/templates/problem/string_response.yaml
@@ -1,8 +1,6 @@
 ---
 metadata:
     display_name: Text Input
-    rerandomize: never
-    showanswer: finished
     markdown: |
         A text input problem accepts a line of text from the 
         student, and evaluates the input for correctness based on an expected 
diff --git a/common/lib/xmodule/xmodule/tests/test_capa_module.py b/common/lib/xmodule/xmodule/tests/test_capa_module.py
index 1e84174291..0f3dfa5b85 100644
--- a/common/lib/xmodule/xmodule/tests/test_capa_module.py
+++ b/common/lib/xmodule/xmodule/tests/test_capa_module.py
@@ -636,10 +636,10 @@ class CapaModuleTest(unittest.TestCase):
 
         # Expect that the problem was reset
         module.new_lcp.assert_called_once_with(None)
-        module.choose_new_seed.assert_called_once_with()
 
     def test_reset_problem_closed(self):
-        module = CapaFactory.create()
+        # pre studio default
+        module = CapaFactory.create(rerandomize="always")
 
         # Simulate that the problem is closed
         with patch('xmodule.capa_module.CapaModule.closed') as mock_closed:
@@ -900,13 +900,13 @@ class CapaModuleTest(unittest.TestCase):
         module = CapaFactory.create(done=False)
         self.assertFalse(module.should_show_reset_button())
 
-        # Otherwise, DO show the reset button
-        module = CapaFactory.create(done=True)
+        # pre studio default value, DO show the reset button
+        module = CapaFactory.create(rerandomize="always", done=True)
         self.assertTrue(module.should_show_reset_button())
 
         # If survey question for capa (max_attempts = 0),
         # DO show the reset button
-        module = CapaFactory.create(max_attempts=0, done=True)
+        module = CapaFactory.create(rerandomize="always", max_attempts=0, done=True)
         self.assertTrue(module.should_show_reset_button())
 
     def test_should_show_save_button(self):
@@ -940,8 +940,8 @@ class CapaModuleTest(unittest.TestCase):
         module = CapaFactory.create(max_attempts=None, rerandomize="per_student", done=True)
         self.assertFalse(module.should_show_save_button())
 
-        # Otherwise, DO show the save button
-        module = CapaFactory.create(done=False)
+        # pre-studio default, DO show the save button
+        module = CapaFactory.create(rerandomize="always", done=False)
         self.assertTrue(module.should_show_save_button())
 
         # If we're not randomizing and we have limited attempts,  then we can save
diff --git a/lms/xmodule_namespace.py b/lms/xmodule_namespace.py
index a78e27e5af..d57ad9ce52 100644
--- a/lms/xmodule_namespace.py
+++ b/lms/xmodule_namespace.py
@@ -41,8 +41,16 @@ class LmsNamespace(Namespace):
         help="Amount of time after the due date that submissions will be accepted",
         scope=Scope.settings
     )
-    showanswer = String(help="When to show the problem answer to the student", scope=Scope.settings, default="closed")
-    rerandomize = String(help="When to rerandomize the problem", default="always", scope=Scope.settings)
+    showanswer = String(
+        help="When to show the problem answer to the student",
+        scope=Scope.settings,
+        default="finished"
+    )
+    rerandomize = String(
+        help="When to rerandomize the problem",
+        default="never",
+        scope=Scope.settings
+    )
     days_early_for_beta = Float(
         help="Number of days early to show content to beta users",
         default=None,