Wednesday, September 11, 2013

Even Ivy Leaguers Default On Student Loans

Default rates at the top U.S. News & World Report ranked colleges

Source: U.S. Department of Education
*This column displays the percentage of the schools’ borrowers who entered repayment on federal student loans between October 2008 through September 2009 and who defaulted before September 30, 2011.

These rates are, however, much lower than the national average. The national average for the same period is 13.4%, according to the Education Department. There is an edge to being an elitist.

1 comment:

  1. Or maybe there is an edge for those who work hard and achieve.