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Friday, November 1, 2024

Report: 3.5% of Illinois State University students repaying loans are in default

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Out of 4,552 Illinois State University students repaying loans in 2015, 161 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year public school in Normal a default rate of 3.5 percent for that year – 0.5 percentage points higher than in 2014 and 0.7 points higher than in 2013.

Illinois State University had 21 more students in default in 2015 than in 2014 and 30 more than in 2013.

How many students are in default at Illinois State University?
Year
School enrollment
Total students in default
2015
22,599
161
2014
23,291
140
2013
23,713
131

Illinois State University default rates by year
Year
Students in default
Students in repayment
Default rate
2015
161
4,552
3.5
2014
140
4,529
3.0
2013
131
4,551
2.8

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

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