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Lake County Gazette

Sunday, August 3, 2025

Report: 2.3% of Lake Forest College students repaying loans are in default

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Out of 379 Lake Forest College students repaying loans in 2015, 9 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year private school in Lake Forest a default rate of 2.3 percent for that year – 3.6 percentage points lower than in 2014 and 1.7 points lower than in 2013.

Lake Forest College had 13 fewer students in default in 2015 than in 2014 and 5 fewer than in 2013.

How many students are in default at Lake Forest College?
Year
School enrollment
Total students in default
2015
1,700
9
2014
1,647
22
2013
1,611
14

Lake Forest College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
9
379
2.3
2014
22
367
5.9
2013
14
343
4.0

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

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