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Friday, November 22, 2024

Report: 17.6% of Soma Institute - the National School of Clinical Massage Therapy students repaying loans are in default

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Out of 181 Soma Institute - the National School of Clinical Massage Therapy students repaying loans in 2015, 32 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Chicago a default rate of 17.6 percent for that year – 3.7 percentage points higher than in 2014 and 10.1 points higher than in 2013.

Soma Institute - the National School of Clinical Massage Therapy had 5 more students in default in 2015 than in 2014 and 14 more than in 2013.

How many students are in default at Soma Institute - the National School of Clinical Massage Therapy?
Year
School enrollment
Total students in default
2015
405
32
2014
484
27
2013
551
18

Soma Institute - the National School of Clinical Massage Therapy default rates by year
Year
Students in default
Students in repayment
Default rate
2015
32
181
17.6
2014
27
193
13.9
2013
18
238
7.5

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

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