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Friday, April 19, 2024

Report: 10.8% of Harper College students repaying loans are in default

Collegeclassroom01

Out of 1,102 Harper College students repaying loans in 2015, 120 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the two-year public school in Palatine a default rate of 10.8 percent for that year – 0.9 percentage points higher than in 2014 and 2.1 points lower than in 2013.

Harper College had 7 fewer students in default in 2015 than in 2014 and 70 fewer than in 2013.

How many students are in default at Harper College?
Year
School enrollment
Total students in default
2015
25,512
120
2014
26,422
127
2013
27,135
190

Harper College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
120
1,102
10.8
2014
127
1,273
9.9
2013
190
1,464
12.9

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

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