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Thursday, April 25, 2024

Report: 11.6% of Rend Lake College students repaying loans are in default

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Out of 146 Rend Lake College students repaying loans in 2015, 17 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the two-year public school in Ina a default rate of 11.6 percent for that year – 2.9 percentage points lower than in 2014 and 2 points lower than in 2013.

Rend Lake College had 47 fewer students in default in 2015 than in 2014 and 51 fewer than in 2013.

How many students are in default at Rend Lake College?
Year
School enrollment
Total students in default
2015
14,686
17
2014
14,006
64
2013
14,469
68

Rend Lake College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
17
146
11.6
2014
64
440
14.5
2013
68
499
13.6

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

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