Quantcast

Lake County Gazette

Saturday, July 26, 2025

Report: 7.6% of University of Saint Mary of the Lake students repaying loans are in default

Collegeclassroom677

Out of 13 University of Saint Mary of the Lake students repaying loans in 2015, 1 was in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year private school in Mundelein a default rate of 7.6 percent for that year – 7.6 percentage points higher than in 2014 and 7.6 points higher than in 2013.

University of Saint Mary of the Lake had 1 more student in default in 2015 than in 2014 and 1 more than in 2013.

How many students are in default at University of Saint Mary of the Lake?
Year
School enrollment
Total students in default
2015
251
1
2014
221
0
2013
239
0

University of Saint Mary of the Lake default rates by year
Year
Students in default
Students in repayment
Default rate
2015
1
13
7.6
2014
0
0
0.0
2013
0
0
0.0

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

MORE NEWS