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Federal Student Loan Programs Data Book  -  FY 1997-FY 2000
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Table 57. - Federal Family Education Loan (FFEL) program default dollars paid to lenders for Consolidation 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

1,411

1,108

787

1,249

-21.5

-28.9

58.6

0.3

0.2

0.2

0.3

21

24

23

23

California

54,144

54,277

32,941

42,309

0.2

-39.3

28.4

10.1

9.8

8.9

11.8

2

3

3

2

Colorado

6,394

7,212

5,538

4,810

12.8

-23.2

-13.1

1.2

1.3

1.5

1.3

14

13

14

14

Connecticut

362

1,817

2,501

2,563

402.4

37.6

2.5

0.1

0.3

0.7

0.7

29

21

19

19

ECMC

170

199

223

2,209

17.1

12.2

890.7

0.0

0.0

0.1

0.6

33

32

33

21

Florida

1,306

546

2,193

5,347

-58.2

301.6

143.9

0.2

0.1

0.6

1.5

22

26

20

12

Georgia

306

109

438

402

-64.2

300.6

-8.3

0.1

0.0

0.1

0.1

30

33

29

32

Illinois

36,348

24,139

16,477

16,231

-33.6

-31.7

-1.5

6.8

4.4

4.4

4.5

4

5

6

6

Iowa

3,595

4,330

3,386

5,092

20.4

-21.8

50.4

0.7

0.8

0.9

1.4

16

15

16

13

Kentucky

2,477

2,382

1,532

1,637

-3.9

-35.7

6.8

0.5

0.4

0.4

0.5

17

19

21

22

Louisiana

794

541

705

919

-31.9

30.2

30.4

0.1

0.1

0.2

0.3

24

28

24

24

Maine

581

598

186

568

2.9

-69.0

205.9

0.1

0.1

0.0

0.2

27

25

35

29

Massachusetts

13,756

15,679

10,122

6,463

14.0

-35.4

-36.1

2.6

2.8

2.7

1.8

9

9

9

9

Michigan

1,823

2,056

6,013

3,539

12.8

192.5

-41.2

0.3

0.4

1.6

1.0

19

20

11

17

Missouri

7,286

7,910

4,914

4,259

8.6

-37.9

-13.3

1.4

1.4

1.3

1.2

13

12

15

16

Montana

4,420

2,691

2,926

2,465

-39.1

8.7

-15.8

0.8

0.5

0.8

0.7

15

16

18

20

Nebraska

14,858

23,678

12,006

10,885

59.4

-49.3

-9.3

2.8

4.3

3.2

3.0

7

6

7

7

New Hampshire

621

242

199

80

-61.1

-17.7

-59.9

0.1

0.0

0.1

0.0

26

31

34

35

New Jersey

19,193

18,072

9,056

5,471

-5.8

-49.9

-39.6

3.6

3.3

2.4

1.5

6

8

10

11

New Mexico

189

542

686

706

187.6

26.5

2.9

0.0

0.1

0.2

0.2

32

27

26

27

New York

13,199

13,290

20,919

41,463

0.7

57.4

98.2

2.5

2.4

5.6

11.6

10

10

5

3

North Carolina

-

-

-

48

-

-

-

-

-

-

-

-

-

-

36

North Dakota

24

108

345

384

343.8

219.9

11.2

0.0

0.0

0.1

0.1

35

34

31

33

Oklahoma

8,238

4,909

5,596

6,024

-40.4

14.0

7.6

1.5

0.9

1.5

1.7

12

14

13

10

Oregon

278

508

545

229

82.3

7.4

-57.9

0.1

0.1

0.1

0.1

31

29

27

34

Pennsylvania

31,462

34,791

31,410

24,875

10.6

-9.7

-20.8

5.8

6.3

8.4

6.9

5

4

4

4

Rhode Island

678

1,399

687

615

106.4

-50.9

-10.6

0.1

0.3

0.2

0.2

25

22

25

28

South Carolina

116

68

495

473

-42.0

632.9

-4.5

0.0

0.0

0.1

0.1

34

35

28

30

South Dakota

1,088

1,388

955

718

27.5

-31.2

-24.7

0.2

0.3

0.3

0.2

23

23

22

26

Tennessee

1,723

2,591

3,145

3,370

50.4

21.4

7.1

0.3

0.5

0.8

0.9

20

17

17

18

Texas

49,620

56,013

34,444

23,583

12.9

-38.5

-31.5

9.2

10.2

9.3

6.6

3

2

2

5

USAF

236,023

235,721

142,722

126,178

-0.1

-39.5

-11.6

43.9

42.7

38.4

35.2

1

1

1

1

Utah

2,182

2,416

401

413

10.7

-83.4

3.2

0.4

0.4

0.1

0.1

18

18

30

31

Vermont

577

468

231

791

-18.9

-50.6

242.4

0.1

0.1

0.1

0.2

28

30

32

25

Washington

8,562

8,308

5,968

4,379

-3.0

-28.2

-26.6

1.6

1.5

1.6

1.2

11

11

12

15

Wisconsin

14,239

21,354

11,030

7,653

50.0

-48.3

-30.6

2.6

3.9

3.0

2.1

8

7

8

8

Total

538,044

551,457

371,720

358,399

2.5

-32.6

-3.6

100.0

100.0

100.0

100.0

 

NOTES: 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