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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 58. - Federal Family Education Loan (FFEL) program default dollars paid to lenders for Stafford Subsidized, Stafford Unsubsidized, Parent Loans for Undergraduate Students (PLUS), Supplemental Loan for Students (SLS), and 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

14,955

12,921

9,980

12,480

-13.6

-22.8

25.1

0.5

0.4

0.5

0.6

28

29

29

28

California

317,928

284,146

175,522

241,987

-10.6

-38.2

37.9

10.6

9.7

8.7

11.5

2

2

2

2

Colorado

32,212

35,143

25,832

25,193

9.1

-26.5

-2.5

1.1

1.2

1.3

1.2

20

18

18

17

Connecticut

21,869

21,605

13,533

13,702

-1.2

-37.4

1.2

0.7

0.7

0.7

0.7

22

24

25

26

ECMC

40,702

37,210

29,838

22,838

-8.6

-19.8

-23.5

1.4

1.3

1.5

1.1

17

17

17

18

Florida

64,147

69,099

59,064

78,869

7.7

-14.5

33.5

2.1

2.3

2.9

3.8

9

10

9

8

Georgia

30,907

26,782

20,721

28,013

-13.3

-22.6

35.2

1.0

0.9

1.0

1.3

21

20

21

14

Illinois

118,690

101,498

65,373

64,777

-14.5

-35.6

-0.9

4.0

3.4

3.2

3.1

7

8

7

9

Iowa

33,041

25,982

21,708

21,938

-21.4

-16.5

1.1

1.1

0.9

1.1

1.0

19

21

20

20

Kentucky

51,260

39,597

23,916

16,962

-22.8

-39.6

-29.1

1.7

1.3

1.2

0.8

13

16

19

22

Louisiana

21,079

20,325

18,815

15,685

-3.6

-7.4

-16.6

0.7

0.7

0.9

0.7

23

25

23

23

Maine

9,507

9,720

5,479

10,282

2.2

-43.6

87.7

0.3

0.3

0.3

0.5

31

31

34

29

Massachusetts

107,475

106,895

62,050

87,554

-0.5

-42.0

41.1

3.6

3.6

3.1

4.2

8

7

8

7

Michigan

50,146

46,519

36,337

34,920

-7.2

-21.9

-3.9

1.7

1.6

1.8

1.7

14

14

10

11

Missouri

43,974

50,228

30,837

26,658

14.2

-38.6

-13.6

1.5

1.7

1.5

1.3

16

12

15

16

Montana

20,532

14,748

12,676

12,564

-28.2

-14.1

-0.9

0.7

0.5

0.6

0.6

24

27

26

27

Nebraska

60,907

70,837

35,296

37,255

16.3

-50.2

5.5

2.0

2.4

1.7

1.8

11

9

12

10

New Hampshire

12,963

7,991

2,435

4,495

-38.4

-69.5

84.6

0.4

0.3

0.1

0.2

29

32

36

36

New Jersey

64,002

62,334

30,848

22,772

-2.6

-50.5

-26.2

2.1

2.1

1.5

1.1

10

11

14

19

New Mexico

8,817

11,855

10,545

14,316

34.5

-11.0

35.8

0.3

0.4

0.5

0.7

32

30

27

25

New York

196,811

202,294

130,098

146,202

2.8

-35.7

12.4

6.6

6.9

6.4

7.0

5

6

6

4

North Carolina

12,496

18,301

20,324

19,144

46.4

11.1

-5.8

0.4

0.6

1.0

0.9

30

26

22

21

North Dakota

2,871

2,751

5,778

5,945

-4.2

110.0

2.9

0.1

0.1

0.3

0.3

36

36

32

31

Oklahoma

47,776

33,847

30,627

31,739

-29.2

-9.5

3.6

1.6

1.1

1.5

1.5

15

19

16

12

Oregon

19,672

14,531

9,458

5,518

-26.1

-34.9

-41.7

0.7

0.5

0.5

0.3

25

28

30

33

Pennsylvania

172,731

209,440

153,852

156,474

21.3

-26.5

1.7

5.8

7.1

7.6

7.4

6

5

5

3

Rhode Island

18,919

22,011

13,722

14,517

16.3

-37.7

5.8

0.6

0.7

0.7

0.7

26

23

24

24

South Carolina

6,125

7,293

10,055

10,004

19.1

37.9

-0.5

0.2

0.2

0.5

0.5

33

33

28

30

South Dakota

3,820

5,778

4,429

4,909

51.3

-23.3

10.8

0.1

0.2

0.2

0.2

35

35

35

35

Tennessee

40,225

42,748

31,241

30,019

6.3

-26.9

-3.9

1.3

1.5

1.5

1.4

18

15

13

13

Texas

216,649

211,649

159,790

144,026

-2.3

-24.5

-9.9

7.2

7.2

7.9

6.9

3

4

3

5

USAF

835,774

808,943

563,689

572,880

-3.2

-30.3

1.6

28.0

27.5

27.8

27.3

1

1

1

1

Utah

18,116

22,455

5,791

5,291

23.9

-74.2

-8.6

0.6

0.8

0.3

0.3

27

22

31

34

Vermont

5,967

6,549

5,624

5,909

9.8

-14.1

5.1

0.2

0.2

0.3

0.3

34

34

33

32

Washington

53,156

48,417

36,237

27,846

-8.9

-25.2

-23.2

1.8

1.6

1.8

1.3

12

13

11

15

Wisconsin

213,620

230,979

155,850

128,244

8.1

-32.5

-17.7

7.1

7.8

7.7

6.1

4

3

4

6

Total

2,989,843

2,943,419

2,027,373

2,101,924

-1.6

-31.1

3.7

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