Chicago City Wire

Chicago City Wire

Thursday, December 12, 2019

Report: 0.8% of University of Chicago students repaying loans are in default

Schools

By Local Labs News Service | Dec 24, 2018

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Out of 1,854 University of Chicago students repaying loans in 2015, 15 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 0.8 percent for that year – 0.5 percentage points lower than in 2014 and 0.1 points lower than in 2013.

University of Chicago had 14 fewer students in default in 2015 than in 2014 and 6 fewer than in 2013.

How many students are in default at University of Chicago?
Year
School enrollment
Total students in default
2015
17,357
15
2014
17,260
29
2013
17,308
21

University of Chicago default rates by year
Year
Students in default
Students in repayment
Default rate
2015
15
1,854
0.8
2014
29
2,099
1.3
2013
21
2,112
0.9

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

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