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Monday, November 25, 2024

Report: 9.6% of Wabash Valley College students repaying loans are in default

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Out of 62 Wabash Valley College students repaying loans in 2015, 6 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the two-year public school in Mount Carmel a default rate of 9.6 percent for that year – 14.4 percentage points lower than in 2014 and 3.6 points lower than in 2013.

Wabash Valley College had 6 fewer students in default in 2015 than in 2014 and 1 fewer than in 2013.

How many students are in default at Wabash Valley College?
Year
School enrollment
Total students in default
2015
18,739
6
2014
18,875
12
2013
19,684
7

Wabash Valley College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
6
62
9.6
2014
12
50
24.0
2013
7
53
13.2

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

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