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Sunday, November 17, 2024

Report: 19.8% of American Intercontinental University students repaying loans are in default

Collegeclassroom01

Out of 11,403 American Intercontinental University students repaying loans in 2015, 2,260 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year proprietary school in Schaumburg a default rate of 19.8 percent for that year – 3.6 percentage points higher than in 2014 and 5.1 points higher than in 2013.

American Intercontinental University had 279 more students in default in 2015 than in 2014 and 155 more than in 2013.

How many students are in default at American Intercontinental University?
Year
School enrollment
Total students in default
2015
26,298
2,260
2014
28,642
1,981
2013
35,827
2,105

American Intercontinental University default rates by year
Year
Students in default
Students in repayment
Default rate
2015
2,260
11,403
19.8
2014
1,981
12,186
16.2
2013
2,105
14,255
14.7

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

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