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Peoria Standard

Thursday, November 21, 2024

Report: 7.5% of Oehrlein School of Cosmetology students repaying loans are in default

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Out of 40 Oehrlein School of Cosmetology students repaying loans in 2015, 3 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in East Peoria a default rate of 7.5 percent for that year – 0.9 percentage points higher than in 2014 and 1.9 points lower than in 2013.

Oehrlein School of Cosmetology had 0 fewer student in default in 2015 than in 2014 and 2 fewer than in 2013.

How many students are in default at Oehrlein School of Cosmetology?
Year
School enrollment
Total students in default
2015
85
3
2014
106
3
2013
94
5

Oehrlein School of Cosmetology default rates by year
Year
Students in default
Students in repayment
Default rate
2015
3
40
7.5
2014
3
45
6.6
2013
5
53
9.4

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

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