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Lake County Gazette

Thursday, November 21, 2024

Report: 6.3% of State Career School students repaying loans are in default

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Out of 47 State Career School 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 Waukegan a default rate of 6.3 percent for that year – 5 percentage points lower than in 2014 and 15.9 points lower than in 2013.

State Career School had 3 fewer students in default in 2015 than in 2014 and 3 fewer than in 2013.

How many students are in default at State Career School?
Year
School enrollment
Total students in default
2015
196
3
2014
96
6
2013
82
6

State Career School default rates by year
Year
Students in default
Students in repayment
Default rate
2015
3
47
6.3
2014
6
53
11.3
2013
6
27
22.2

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

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