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Friday, April 19, 2024

Report: 5.5% of Cannella School of Hair Design-Blue Island students repaying loans are in default

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Out of 36 Cannella School of Hair Design-Blue Island students repaying loans in 2015, 2 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Blue Island a default rate of 5.5 percent for that year – 5.5 percentage points higher than in 2014 and 9.3 points lower than in 2013.

Cannella School of Hair Design-Blue Island had 2 more students in default in 2015 than in 2014 and 5 fewer than in 2013.

How many students are in default at Cannella School of Hair Design-Blue Island?
Year
School enrollment
Total students in default
2015
85
2
2014
89
0
2013
106
7

Cannella School of Hair Design-Blue Island default rates by year
Year
Students in default
Students in repayment
Default rate
2015
2
36
5.5
2014
0
33
0.0
2013
7
47
14.8

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

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