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Thursday, January 23, 2020

Report: 2.5% of Methodist College students repaying loans are in default

Schools

By Local Labs News Service | Dec 16, 2018

College4

Out of 197 Methodist College students repaying loans in 2015, 5 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year private school in Peoria a default rate of 2.5 percent for that year – 1.3 percentage points lower than in 2014 and 0.7 points higher than in 2013.

Methodist College had 3 fewer students in default in 2015 than in 2014 and 1 more than in 2013.

How many students are in default at Methodist College?
Year
School enrollment
Total students in default
2015
645
5
2014
670
8
2013
661
4

Methodist College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
5
197
2.5
2014
8
210
3.8
2013
4
215
1.8

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

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