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Friday, April 19, 2024

Report: 19.3% of Prairie State College students repaying loans are in default

Collegeclassroom01

Out of 890 Prairie State College students repaying loans in 2015, 172 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the two-year public school in Chicago Heights a default rate of 19.3 percent for that year – 0.4 percentage points higher than in 2014 and 2.7 points higher than in 2013.

Prairie State College had 17 more students in default in 2015 than in 2014 and 94 more than in 2013.

How many students are in default at Prairie State College?
Year
School enrollment
Total students in default
2015
11,073
172
2014
9,058
155
2013
9,154
78

Prairie State College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
172
890
19.3
2014
155
817
18.9
2013
78
469
16.6

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

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