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Federal Student Loan Programs Data Book  -  FY 1997-FY 2000
Part IV  FFEL Program and FDLP Defaults and Collections CONTENTS    < BACK    NEXT >

 

 

 

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Table 54. - Federal Family Education Loan (FFEL) program default dollars paid to lenders for Stafford Unsubsidized loans, by guaranty agency: FY 1997-FY 2000

Guaranty agency

Default dollars paid to lenders (000's)

Percent change from:

Percent share of total

Rank

FY97

FY98

FY991

FY001

FY97-FY98

FY98-FY99

FY99-FY00

FY97

FY98

FY991

FY001

FY97

FY98

FY991

FY001

Arkansas

1,132

1,619

1,511

2,783

43.1

-6.7

84.2

0.4

0.4

0.4

0.5

29

29

30

27

California

52,710

71,897

54,725

86,028

36.4

-23.9

57.2

18.3

17.0

14.5

16.8

2

2

2

2

Colorado

3,786

6,089

5,418

7,119

60.8

-11.0

31.4

1.3

1.4

1.4

1.4

18

15

14

14

Connecticut

3,554

4,332

2,904

3,002

21.9

-33.0

3.4

1.2

1.0

0.8

0.6

20

22

24

25

ECMC

4,462

5,673

5,586

4,792

27.1

-1.5

-14.2

1.5

1.3

1.5

0.9

15

18

13

19

Florida

6,894

12,967

12,399

19,986

88.1

-4.4

61.2

2.4

3.1

3.3

3.9

9

7

7

8

Georgia

3,912

4,927

5,284

6,021

26.0

7.2

13.9

1.4

1.2

1.4

1.2

17

20

17

17

Illinois

6,467

9,937

7,300

9,282

53.6

-26.5

27.1

2.2

2.3

1.9

1.8

10

8

9

9

Iowa

3,179

2,962

3,168

3,888

-6.8

7.0

22.7

1.1

0.7

0.8

0.8

22

24

23

22

Kentucky

5,408

6,661

5,309

4,615

23.2

-20.3

-13.1

1.9

1.6

1.4

0.9

13

12

16

20

Louisiana

2,271

3,065

3,302

3,418

35.0

7.7

3.5

0.8

0.7

0.9

0.7

25

23

22

24

Maine

967

1,502

953

2,153

55.3

-36.5

125.8

0.3

0.4

0.3

0.4

30

31

34

29

Massachusetts

8,214

8,291

4,768

37,213

0.9

-42.5

680.4

2.9

2.0

1.3

7.3

7

10

19

3

Michigan

5,409

6,576

6,658

7,910

21.6

1.2

18.8

1.9

1.6

1.8

1.5

12

13

10

11

Missouri

3,785

6,079

5,738

6,369

60.6

-5.6

11.0

1.3

1.4

1.5

1.2

19

16

12

16

Montana

1,569

2,066

2,215

2,794

31.7

7.2

26.2

0.5

0.5

0.6

0.5

26

27

26

26

Nebraska

3,276

6,218

4,506

7,205

89.8

-27.5

59.9

1.1

1.5

1.2

1.4

21

14

20

12

New Hampshire

1,290

1,611

580

1,122

24.8

-64.0

93.4

0.4

0.4

0.2

0.2

28

30

35

35

New Jersey

5,856

7,786

4,884

5,296

33.0

-37.3

8.5

2.0

1.8

1.3

1.0

11

11

18

18

New Mexico

631

1,243

1,677

2,576

97.1

34.9

53.6

0.2

0.3

0.4

0.5

32

32

29

28

New York

18,521

33,639

25,852

30,575

81.6

-23.1

18.3

6.4

7.9

6.9

6.0

4

3

6

7

North Carolina

784

1,854

2,660

3,638

136.6

43.5

36.8

0.3

0.4

0.7

0.7

31

28

25

23

North Dakota

241

345

560

928

43.2

62.3

65.6

0.1

0.1

0.1

0.2

36

36

36

36

Oklahoma

4,465

5,195

5,318

6,649

16.3

2.4

25.0

1.6

1.2

1.4

1.3

14

19

15

15

Oregon

2,411

2,346

2,032

1,534

-2.7

-13.4

-24.5

0.8

0.6

0.5

0.3

24

26

27

32

Pennsylvania

16,911

29,232

29,728

34,339

72.9

1.7

15.5

5.9

6.9

7.9

6.7

6

5

3

4

Rhode Island

2,542

4,492

3,586

4,071

76.7

-20.2

13.5

0.9

1.1

1.0

0.8

23

21

21

21

South Carolina

596

942

1,803

2,060

58.1

91.5

14.2

0.2

0.2

0.5

0.4

33

35

28

30

South Dakota

561

1,013

1,053

1,490

80.5

4.0

41.5

0.2

0.2

0.3

0.3

35

33

33

34

Tennessee

3,944

5,783

6,194

7,136

46.6

7.1

15.2

1.4

1.4

1.6

1.4

16

17

11

13

Texas

17,016

26,112

27,554

33,066

53.5

5.5

20.0

5.9

6.2

7.3

6.5

5

6

5

5

USAF

64,684

98,396

91,734

121,281

52.1

-6.8

32.2

22.5

23.2

24.3

23.7

1

1

1

1

Utah

1,410

2,521

1,364

1,594

78.8

-45.9

16.9

0.5

0.6

0.4

0.3

27

25

31

31

Vermont

593

968

1,054

1,502

63.4

8.8

42.5

0.2

0.2

0.3

0.3

34

34

32

33

Washington

7,341

9,514

7,866

8,108

29.6

-17.3

3.1

2.5

2.2

2.1

1.6

8

9

8

10

Wisconsin

21,274

29,460

29,509

31,078

38.5

0.2

5.3

7.4

7.0

7.8

6.1

3

4

4

6

Total

288,067

423,315

376,753

512,626

47.0

-11.0

36.1

100.0

100.0

100.0

100.0

  

NOTES: The Stafford Unsubsidized program began in FY93. Details may not add to totals due to rounding. Calculations are based on numbers before rounding.

1
 As a result of the Higher Education Amendments of 1998, effective October 7, 1998, the definition of default changed from 180 days of delinquency to 270 days of delinquency.

SOURCE: U.S. Department of Education, Office of Postsecondary Education, ED Form 1130.

 

Part IV  FFEL Program and FDLP Defaults and Collections CONTENTS    < BACK    NEXT >

Federal Student Loan Programs Data Book  -  FY 1997-FY 2000