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Peoria Standard

Monday, November 25, 2024

Report: 16.2% of Illinois Central College students repaying loans are in default

Collegeclassroom01

Out of 977 Illinois Central College students repaying loans in 2015, 159 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the two-year public school in East Peoria a default rate of 16.2 percent for that year – 0.9 percentage points higher than in 2014 and 1.9 points lower than in 2013.

Illinois Central College had 21 fewer students in default in 2015 than in 2014 and 88 fewer than in 2013.

How many students are in default at Illinois Central College?
Year
School enrollment
Total students in default
2015
16,085
159
2014
17,164
180
2013
18,720
247

Illinois Central College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
159
977
16.2
2014
180
1,172
15.3
2013
247
1,358
18.1

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

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