Quantcast

West Central Reporter

Wednesday, December 25, 2024

7.8 percent of borrowers default on student loans in Illinois

College4

MacMurray College, Western Illinois University and Illinois College were among four-year schools in Illinois to report the highest rates of borrowers who started repaying student loans in 2014 and defaulted on those loans by the end of 2016, according to the latest data from the U.S. Department of Education.

Ninety-two institutions reported 160,187 students entered repayment on student loans. And 12,480 – or 7.8 percent – defaulted on those loans.

The data includes students at four-year schools receiving federal student aid who entered repayment on selected federal loans in 2014 and defaulted before the end of the second fiscal year.   

Default rates at four-year schools

NameCityNumber of borrowers in repaymentNumber of borrowers in defaultDefault rate
East-West University                                             Chicago             55013825.09%
Northwestern College                                             Bridgeview          1,02918517.98%
American Intercontinental University                             Schaumburg          12,3272,12517.24%
Illinois Institute Of Art (The)                                  Chicago             3,14747915.22%
Macmurray College                                                Jacksonville        2192812.79%
Devry University                                                 Chicago             33,4644,21612.60%

Harrington College Of Design                                     Chicago             3133711.82%
Kendall College                                                  Chicago             7378411.40%
Spertus College Of Judaica                                       Chicago             46510.87%
Chicago State University                                         Chicago             2,33024610.56%
Southern Illinois University At Carbondale                       Carbondale          5,0394919.74%
Columbia College Chicago                                         Chicago             3,3673189.44%
Blackburn University                                             Carlinville         180179.44%
Lincoln College                                                  Lincoln             618548.74%
Eureka College                                                   Eureka              261228.43%
Rockford University                                              Rockford            462388.23%
Northern Illinois University                                     Dekalb              5,8024668.03%
Western Illinois University                                      Macomb              3,4522637.62%
Trinity International University                                 Deerfield           734557.49%
Vandercook College Of Music                                      Chicago             4137.32%
Blessing Hospital                                                Quincy              8367.23%
Northeastern Illinois University                                 Chicago             1,9811376.92%
Garrett - Evangelical Theological Seminary                       Evanston            7356.85%
Southern Illinois University Edwardsville                        Edwardsville        3,4502366.84%
Quincy University                                                Quincy              538356.51%
School Of The Art Institute Of Chicago                           Chicago             779486.16%
Lake Forest College                                              Lake Forest         367225.99%
North Park University                                            Chicago             901545.99%
Roosevelt University                                             Chicago             2,3501405.96%
Mckendree University                                             Lebanon             725435.93%
Lincoln Christian University                                     Lincoln             295175.76%
Millikin University                                              Decatur             738415.56%
Benedictine University                                           Lisle               1,9541085.53%
Monmouth College                                                 Monmouth            417235.52%
Eastern Illinois University                                      Charleston          2,8091545.48%
Institute For Clinical Social Work                               Chicago             3725.41%
Trinity Christian College                                        Palos Heights       481265.41%
Saint Xavier University                                          Chicago             1,388745.33%
Governors State University                                       University Park     1,760915.17%
Midstate College                                                 Peoria              261134.98%
Tribeca Flashpoint College                                       Chicago             6234.84%
Trinity College Of Nursing & Health Sciences                     Rock Island         8344.82%
National University Of Health Sciences (The)                     Lombard             251124.78%
Robert Morris University Illinois                                Chicago             1,887904.77%
North Central College                                            Naperville          851404.70%
Lewis University                                                 Romeoville          1,754824.68%
University Of Illinois At Springfield                            Springfield         1,233574.62%
Dominican University                                             River Forest        937434.59%
Aurora University                                                Aurora              1,514684.49%
Illinois College                                                 Jacksonville        268124.48%
American Academy Of Art                                          Chicago             16074.38%
Greenville University                                            Greenville          515224.27%
Judson University                                                Elgin               438184.11%
Olivet Nazarene University                                       Bourbonnais         1,522614.01%
Concordia University                                             River Forest        1,966763.87%
Depaul University                                                Chicago             6,4222473.85%
Methodist College                                                Peoria              21083.81%
National Louis University                                        Chicago             2,069763.67%
Chamberlain College Of Nursing                                   Addison             6,1522153.49%
St. John'S College Of Nursing                                    Springfield         6023.33%
Elmhurst College                                                 Elmhurst            884293.28%
Lakeview College Of Nursing                                      Danville            12843.13%
Lutheran School Of Theology At Chicago                           Chicago             3213.13%
Illinois State University                                        Normal              4,5291403.09%
Loyola University Chicago                                        Chicago             4,0251202.98%
Illinois Institute Of Technology                                 Chicago             1,001282.80%
Bradley University                                               Peoria              1,292362.79%
University Of St. Francis                                        Joliet              906252.76%
Augustana College                                                Rock Island         583162.74%
University Of Illinois At Chicago                                Chicago             5,5871532.74%
Saint Francis Medical Center College Of Nursing                  Peoria              15942.52%
Catholic Theological Union At Chicago                            Chicago             4712.13%
Knox College                                                     Galesburg           28962.08%
Rosalind Franklin University Of Medicine And Science             North Chicago       503101.99%
Illinois Wesleyan University                                     Bloomington         42581.88%
Adler University                                                 Chicago             26851.87%
Mccormick Theological Seminary                                   Chicago             5511.82%
University Of Illinois At Urbana-Champaign                       Champaign           6,2581121.79%
Meadville Theological School Of Lombard College                  Chicago             5711.75%
Lake Forest Graduate School Of Management                        Lake Forest         11821.69%
Resurrection University                                          Chicago             19231.56%
University Of Chicago (The)                                      Chicago             2,099291.38%
Wheaton College                                                  Wheaton             55271.27%
Northwestern University                                          Evanston            3,337361.08%
John Marshall Law School (The)                                   Chicago             48040.83%
Rush University                                                  Chicago             64850.77%
Illinois College Of Optometry                                    Chicago             14710.68%
Midwestern University                                            Downers Grove       1,46250.34%
Chicago Theological Seminary                                     Chicago             4200.00%
Erikson Institute                                                Chicago             8300.00%
Hebrew Theological College                                       Skokie              3500.00%
Saint Anthony College Of Nursing                                 Rockford            10500.00%
Source: U.S. Department of Education

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS