Federal Student Loan Programs Data Book - FY 1997-FY 2000
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Part IV FFEL Program and FDLP Defaults and Collections | CONTENTS < BACK NEXT > |
To view the following table in an accessible format please go to http://www.ed.gov/finaid/prof/resources/data/fslpdata97-01/table52.xls.
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Table 52b. - Federal Family Education Loan (FFEL) program cohort default rate for guaranty agencies: FY 19811 |
|||
Guaranty agency |
Borrower default rate* (%) |
Number of borrowers in default |
Number of borrowers in repayment |
---|---|---|---|
Arkansas |
7.2 |
826 |
11,500 |
California |
7.3 |
8,604 |
117,497 |
Colorado |
6.8 |
1,902 |
27,800 |
Connecticut |
7.3 |
973 |
13,304 |
ECMC |
6.5 |
1,538 |
23,505 |
Florida |
8.4 |
4,196 |
49,687 |
Georgia |
8.8 |
1,862 |
21,120 |
Illinois |
5.8 |
3,075 |
53,040 |
Iowa |
5.4 |
956 |
17,583 |
Kentucky |
9.3 |
2,382 |
25,499 |
Louisiana |
9.0 |
1,708 |
18,887 |
Maine |
5.4 |
540 |
10,088 |
Massachusetts |
6.0 |
2,995 |
50,303 |
Michigan |
8.1 |
2,764 |
34,309 |
Missouri |
8.7 |
1,833 |
21,099 |
Montana |
9.4 |
681 |
7,234 |
Nebraska |
7.8 |
1,724 |
22,162 |
New Hampshire |
2.2 |
295 |
13,176 |
New Jersey |
7.0 |
1,895 |
27,087 |
New Mexico |
1.1 |
5 |
469 |
New York |
7.3 |
7,914 |
108,599 |
North Carolina |
5.3 |
741 |
14,107 |
North Dakota |
0.0 |
2 |
9,632 |
Oklahoma |
7.9 |
2,027 |
25,603 |
Oregon |
6.0 |
599 |
9,949 |
Pennsylvania |
5.4 |
7,533 |
139,452 |
Rhode Island |
10.3 |
1,135 |
11,047 |
South Carolina |
1.9 |
259 |
13,420 |
South Dakota |
3.2 |
340 |
10,530 |
Tennessee |
10.1 |
2,674 |
26,460 |
Texas |
9.4 |
8,872 |
94,333 |
USAF |
6.8 |
26,269 |
389,053 |
Utah |
3.5 |
635 |
17,895 |
Vermont |
3.4 |
228 |
6,670 |
Washington |
7.8 |
2,539 |
32,614 |
Wisconsin |
5.8 |
8,590 |
147,515 |
Rank |
Guaranty agency |
Default rate (%) |
---|---|---|
1 |
Rhode Island |
10.3 |
2 |
Tennessee |
10.1 |
3 |
Montana |
9.4 |
4 |
Texas |
9.4 |
5 |
Kentucky |
9.3 |
6 |
Louisiana |
9.0 |
7 |
Georgia |
8.8 |
8 |
Missouri |
8.7 |
9 |
Florida |
8.4 |
10 |
Michigan |
8.1 |
11 |
Oklahoma |
7.9 |
12 |
Washington |
7.8 |
13 |
Nebraska |
7.8 |
14 |
California |
7.3 |
15 |
Connecticut |
7.3 |
16 |
New York |
7.3 |
17 |
Arkansas |
7.2 |
18 |
New Jersey |
7.0 |
19 |
Colorado |
6.8 |
20 |
USAF |
6.8 |
21 |
ECMC |
6.5 |
22 |
Oregon |
6.0 |
23 |
Massachusetts |
6.0 |
24 |
Wisconsin |
5.8 |
25 |
Illinois |
5.8 |
26 |
Iowa |
5.4 |
27 |
Pennsylvania |
5.4 |
28 |
Maine |
5.4 |
29 |
North Carolina |
5.3 |
30 |
Utah |
3.5 |
31 |
Vermont |
3.4 |
32 |
South Dakota |
3.2 |
33 |
New Hampshire |
2.2 |
34 |
South Carolina |
1.9 |
35 |
New Mexico |
1.1 |
36 |
North Dakota |
0.0 |
* The borrower cohort default rate is the fraction of borrowers entering repayment in a given fiscal year who default by the end of the following fiscal year |
Part IV FFEL Program and FDLP Defaults and Collections | CONTENTS < BACK NEXT > |
Federal Student Loan Programs Data Book - FY 1997-FY 2000 |