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Sunday, November 24, 2024

Report: 2.1% of Augustana College students repaying loans are in default

Collegeclassroom01

Out of 657 Augustana College students repaying loans in 2015, 14 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year private school in Rock Island a default rate of 2.1 percent for that year – 0.6 percentage points lower than in 2014 and 0.8 points lower than in 2013.

Augustana College had 2 fewer students in default in 2015 than in 2014 and 2 fewer than in 2013.

How many students are in default at Augustana College?
Year
School enrollment
Total students in default
2015
2,569
14
2014
2,730
16
2013
2,737
16

Augustana College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
14
657
2.1
2014
16
583
2.7
2013
16
542
2.9

Source for all tables: U.S. Department of Education

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