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Wednesday, April 24, 2024

Report: 3.1% of Loyola University Chicago students repaying loans are in default

Collegeclassroom577

Out of 3,983 Loyola University Chicago students repaying loans in 2015, 124 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year private school in Chicago a default rate of 3.1 percent for that year – 0.2 percentage points higher than in 2014 and 0.1 points lower than in 2013.

Loyola University Chicago had 4 more students in default in 2015 than in 2014 and 11 fewer than in 2013.

How many students are in default at Loyola University Chicago?
Year
School enrollment
Total students in default
2015
17,951
124
2014
17,935
120
2013
18,273
135

Loyola University Chicago default rates by year
Year
Students in default
Students in repayment
Default rate
2015
124
3,983
3.1
2014
120
4,025
2.9
2013
135
4,194
3.2

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

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