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Thursday, April 2, 2020

Report: 2% of Erikson Institute students repaying loans are in default

Schools

By Local Labs News Service | Jan 3, 2019

College5

Out of 99 Erikson Institute students repaying loans in 2015, 2 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 2 percent for that year – 2 percentage points higher than in 2014 and 1 points higher than in 2013.

Erikson Institute had 2 more students in default in 2015 than in 2014 and 1 more than in 2013.

How many students are in default at Erikson Institute?
Year
School enrollment
Total students in default
2015
304
2
2014
301
0
2013
340
1

Erikson Institute default rates by year
Year
Students in default
Students in repayment
Default rate
2015
2
99
2.0
2014
0
83
0.0
2013
1
99
1.0

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

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Erikson Institute

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