14 percent of borrowers at 2-year colleges in Utah default on student loans

At Salt Lake Community College, 14  percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to the latest disclosure from the U.S. Department of Education.

The data includes two-year public colleges. The Federal Student Aid Office compiles data on schools receiving federal student aid who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year.

In total, two two-year institutions based in Utah reported 5,513 students entered repayment on student loans in 2014. And 762 – or 13.82 percent, above the national rate of 11.5 percent – defaulted on those loans

Utah 2-year schools with highest default rates

RankSchoolCityNumber of Borrowers in RepayNumber of Borrowers in DefaultDefault Rate (%)
1Salt Lake Community College                                      Salt Lake City      5,05072914.4
2Lds Business College                                             Salt Lake City      463337.1
Source: U.S. Department of Education Federal Student Aid Office

Want to get notified whenever we write about Salt Lake Community College ?

Sign-up Next time we write about Salt Lake Community College, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Salt Lake Community College

More News

Metro Business Network