Arizona public colleges, universities report 14.8 percent default rate on student loans
At South Mountain Community College, 33.3 percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to a Higher Education Tribune analysis.
At South Mountain Community College, 33.3 percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to a Higher Education Tribune analysis of the latest disclosure from the U.S. Department of Education.
The analysis uses data that tracks borrowers at publicly controlled colleges and universities receiving federal student aid. The 2014 cohort accounts for borrowers who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year.
Altogether, 20 institutions based in Arizona had 64,485 borrowers in repayment in the 2014 cohort. And 9,566 of them were in default – a default rate of 14.83 percent, which is above the national rate of 11.5 percent.
|Name||City||Borrowers in default||Borrowers in repayment||Default rate (%)|
|South Mountain Community College||Phoenix||343||1,029||33.3|
|Gateway Community College||Phoenix||390||1,578||24.7|
|Mesa Community College||Mesa||1,152||5,033||22.8|
|Central Arizona College||Coolidge||227||1,008||22.5|
|Estrella Mountain Community College||Avondale||380||1,688||22.5|
|Rio Salado Community College||Tempe||1,095||4,991||21.9|
|Glendale Community College||Glendale||715||3,495||20.4|
|Paradise Valley Community College||Phoenix||249||1,266||19.6|
|Pima County Community College||Tucson||780||4,037||19.3|
|Scottsdale Community College||Scottsdale||302||1,574||19.1|
|Coconino County Community College||Flagstaff||89||492||18.0|
|Mohave Community College||Kingman||152||869||17.4|
|Chandler - Gilbert Community College||Chandler||304||1,752||17.3|
|Arizona Western College||Yuma||67||390||17.1|
|Northern Arizona University||Flagstaff||509||6,999||7.2|
|Arizona State University||Tempe||1,175||17,420||6.7|
|University Of Arizona (The)||Tucson||449||6,686||6.7|
|Cochise College||Sierra Vista||16||262||6.1|
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Organizations in this Story
Arizona State University • Arizona Western College • Central Arizona College • Estrella Mountain Community College • Gateway Community College • Glendale Community College • Mesa Community College • Mohave Community College • Northern Arizona University • Paradise Valley Community College • Phoenix College • Scottsdale Community College • South Mountain Community College • University of Arizona • Yavapai College