Student Loan Default Rates

​Students at private colleges are less likely to default on their student loans than those who attend for-profit and public institutions. In the most recent year, only seven percent of private college students defaulted on their loans, less than half the rate of students at for-profit institutions.

Federal Student Loan Default Rates by Sector (Three-Year Cohort Default Rates)

​Source: U.S. Department of Education, Federal Student Aid, August 5, 2017, Comparison of FY 2014 National Cohort Default Rates to Prior Two Official Cohort Default Rates. Prepared by the Council of Independent Colleges.
Note: Default rates are for four-year institution attendees.

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Federal Student Loan Default Rates by Sector (Three-Year Cohort Default Rates)








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