Quantcast

Chicago City Wire

Saturday, May 18, 2024

Report: 50% of Larry's Barber College students repaying loans are in default

Collegeclassroom01

Out of 46 Larry's Barber College students repaying loans in 2015, 23 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 50 percent for that year – 9.7 percentage points higher than in 2014 and 1.7 points higher than in 2013.

Larry's Barber College had 2 more students in default in 2015 than in 2014 and 8 more than in 2013.

How many students are in default at Larry's Barber College?
Year
School enrollment
Total students in default
2015
238
23
2014
238
21
2013
148
15

Larry's Barber College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
23
46
50.0
2014
21
52
40.3
2013
15
31
48.3

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

MORE NEWS