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Federal Student Loan Programs Data Book  -  FY 1997-FY 2000
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Table 55. - Federal Family Education Loan (FFEL) program default dollars paid to lenders for Parent Loans for Undergraduate Students (PLUS) 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

315

398

168

405

26.7

-57.8

141.0

0.3

0.4

0.2

0.6

28

25

28

22

California

5,649

6,032

4,041

5,308

6.8

-33.0

31.3

5.0

6.0

5.6

8.0

5

5

5

3

Colorado

1,038

932

575

472

-10.2

-38.3

-17.8

0.9

0.9

0.8

0.7

17

16

19

18

Connecticut

1,123

1,186

756

862

5.6

-36.2

14.0

1.0

1.2

1.0

1.3

16

14

15

15

ECMC

2,379

2,080

1,372

895

-12.6

-34.0

-34.8

2.1

2.1

1.9

1.4

9

11

13

14

Florida

2,128

1,965

1,942

2,844

-7.7

-1.2

46.5

1.9

1.9

2.7

4.3

11

12

8

7

Georgia

1,225

949

717

919

-22.5

-24.5

28.2

1.1

0.9

1.0

1.4

15

15

16

13

Illinois

2,047

1,855

1,633

1,254

-9.4

-12.0

-23.2

1.8

1.8

2.3

1.9

13

13

9

10

Iowa

1,014

818

550

305

-19.3

-32.7

-44.5

0.9

0.8

0.8

0.5

19

20

20

24

Kentucky

869

525

521

164

-39.6

-0.7

-68.6

0.8

0.5

0.7

0.2

20

24

23

30

Louisiana

563

322

377

248

-42.8

17.1

-34.1

0.5

0.3

0.5

0.4

24

27

25

25

Maine

276

366

113

178

32.9

-69.2

57.5

0.2

0.4

0.2

0.3

29

26

30

29

Massachusetts

7,183

6,653

3,162

4,031

-7.4

-52.5

27.5

6.4

6.6

4.4

6.1

4

4

7

6

Michigan

1,019

794

769

445

-22.1

-3.1

-42.1

0.9

0.8

1.1

0.7

18

21

14

20

Missouri

842

892

545

461

5.9

-38.9

-15.4

0.7

0.9

0.8

0.7

22

19

21

19

Montana

394

209

150

223

-46.9

-28.5

48.9

0.3

0.2

0.2

0.3

27

31

29

26

Nebraska

2,245

2,506

1,484

937

11.6

-40.8

-36.9

2.0

2.5

2.1

1.4

10

9

10

12

New Hampshire

228

239

101

193

5.0

-57.9

91.2

0.2

0.2

0.1

0.3

30

29

33

27

New Jersey

2,698

3,133

1,375

1,044

16.1

-56.1

-24.0

2.4

3.1

1.9

1.6

8

8

12

11

New Mexico

29

9

15

14

-70.0

76.0

-9.2

0.0

0.0

0.0

0.0

36

36

36

36

New York

7,440

8,035

6,002

5,665

8.0

-25.3

-5.6

6.6

8.0

8.3

8.6

3

3

2

2

North Carolina

47

267

209

150

466.7

-21.7

-28.2

0.0

0.3

0.3

0.2

33

28

26

31

North Dakota

38

12

108

100

-68.3

782.7

-7.4

0.0

0.0

0.1

0.2

35

35

31

32

Oklahoma

1,322

916

531

477

-30.7

-42.0

-10.2

1.2

0.9

0.7

0.7

14

18

22

17

Oregon

513

148

70

38

-71.1

-52.5

-45.6

0.5

0.1

0.1

0.1

26

33

34

35

Pennsylvania

3,324

4,402

4,084

4,394

32.4

-7.2

7.6

2.9

4.4

5.7

6.6

7

6

4

5

Rhode Island

2,116

2,193

1,443

1,576

3.6

-34.2

9.2

1.9

2.2

2.0

2.4

12

10

11

9

South Carolina

128

169

201

184

31.9

19.0

-8.8

0.1

0.2

0.3

0.3

32

32

27

28

South Dakota

45

22

22

99

-50.8

-3.2

356.0

0.0

0.0

0.0

0.1

34

34

35

33

Tennessee

619

652

443

366

5.2

-32.0

-17.3

0.5

0.6

0.6

0.6

23

23

24

23

Texas

5,600

4,097

3,375

2,722

-26.8

-17.6

-19.3

5.0

4.1

4.7

4.1

6

7

6

8

USAF

47,775

37,847

28,008

23,235

-20.8

-26.0

-17.0

42.3

37.5

38.8

35.1

1

1

1

1

Utah

219

222

101

53

1.5

-54.5

-47.4

0.2

0.2

0.1

0.1

31

30

32

34

Vermont

550

713

705

405

29.7

-1.1

-42.6

0.5

0.7

1.0

0.6

25

22

17

21

Washington

850

921

661

515

8.2

-28.2

-22.2

0.8

0.9

0.9

0.8

21

17

18

16

Wisconsin

9,217

8,491

5,823

5,041

-7.9

-31.4

-13.4

8.2

8.4

8.1

7.6

2

2

3

4

Total

113,069

100,971

72,155

66,223

-10.7

-28.5

-8.2

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