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Friday, April 19, 2024

Report: 21.4% of Parkland College students repaying loans are in default

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Out of 1,794 Parkland College students repaying loans in 2015, 384 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the two-year public school in Champaign a default rate of 21.4 percent for that year – 4 percentage points lower than in 2014 and 2.9 points lower than in 2013.

Parkland College had 122 fewer students in default in 2015 than in 2014 and 60 fewer than in 2013.

How many students are in default at Parkland College?
Year
School enrollment
Total students in default
2015
21,375
384
2014
21,632
506
2013
24,014
444

Parkland College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
384
1,794
21.4
2014
506
1,987
25.4
2013
444
1,827
24.3

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

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