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Thursday, April 25, 2024

Report: 4.1% of Illinois College students repaying loans are in default

Collegeclassroom03

Out of 265 Illinois College students repaying loans in 2015, 11 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year private school in Jacksonville a default rate of 4.1 percent for that year – 0.3 percentage points lower than in 2014 and 0.1 points higher than in 2013.

Illinois College had 1 fewer student in default in 2015 than in 2014 and 1 more than in 2013.

How many students are in default at Illinois College?
Year
School enrollment
Total students in default
2015
1,054
11
2014
1,014
12
2013
980
10

Illinois College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
11
265
4.1
2014
12
268
4.4
2013
10
249
4.0

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

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