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Federal Student Loan Programs Data Book  -  FY 1997-FY 2000
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Table 56. - Federal Family Education Loan (FFEL) program default dollars paid to lenders for Supplemental Loan for Students (SLS) 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

545

206

354

-

-62.3

72.1

-

0.2

0.1

0.3

-

32

35

30

-

California

43,668

26,666

12,751

13,281

-38.9

-52.2

4.2

13.8

11.3

10.0

14.6

2

2

3

2

Colorado

6,481

4,801

2,430

1,699

-25.9

-49.4

-30.1

2.0

2.0

1.9

1.9

11

11

10

10

Connecticut

1,912

1,078

855

416

-43.6

-20.6

-51.3

0.6

0.5

0.7

0.5

25

27

23

23

ECMC

5,222

3,705

2,299

1,117

-29.1

-37.9

-51.4

1.6

1.6

1.8

1.2

12

12

12

14

Florida

7,291

6,115

3,534

3,163

-16.1

-42.2

-10.5

2.3

2.6

2.8

3.5

10

10

9

8

Georgia

2,359

1,824

942

897

-22.7

-48.4

-4.8

0.7

0.8

0.7

1.0

22

20

21

17

Illinois

8,514

7,351

3,795

3,204

-13.7

-48.4

-15.6

2.7

3.1

3.0

3.5

9

9

8

7

Iowa

3,605

2,508

1,705

1,187

-30.4

-32.0

-30.4

1.1

1.1

1.3

1.3

16

16

15

13

Kentucky

2,874

1,410

595

309

-50.9

-57.8

-48.0

0.9

0.6

0.5

0.3

20

22

26

27

Louisiana

1,302

766

671

383

-41.1

-12.4

-43.0

0.4

0.3

0.5

0.4

28

28

25

26

Maine

832

704

218

450

-15.4

-69.1

106.7

0.3

0.3

0.2

0.5

30

30

34

21

Massachusetts

14,634

12,000

7,000

2,938

-18.0

-41.7

-58.0

4.6

5.1

5.5

3.2

6

6

5

9

Michigan

3,264

2,486

1,212

1,644

-23.8

-51.3

35.7

1.0

1.1

0.9

1.8

18

17

17

12

Missouri

4,200

3,580

1,747

1,049

-14.8

-51.2

-39.9

1.3

1.5

1.4

1.2

14

13

13

16

Montana

2,567

1,441

968

564

-43.9

-32.8

-41.7

0.8

0.6

0.8

0.6

21

21

20

20

Nebraska

8,777

7,799

2,330

1,681

-11.1

-70.1

-27.9

2.8

3.3

1.8

1.9

8

8

11

11

New Hampshire

1,393

731

283

422

-47.5

-61.4

49.4

0.4

0.3

0.2

0.5

27

29

31

22

New Jersey

3,562

2,927

913

278

-17.8

-68.8

-69.5

1.1

1.2

0.7

0.3

17

14

22

33

New Mexico

334

405

230

281

21.2

-43.2

22.1

0.1

0.2

0.2

0.3

33

33

33

32

New York

23,265

16,117

6,668

4,152

-30.7

-58.6

-37.7

7.3

6.8

5.2

4.6

4

4

6

5

North Carolina

1,120

1,382

1,291

869

23.4

-6.6

-32.7

0.4

0.6

1.0

1.0

29

23

16

18

North Dakota

209

159

213

285

-24.0

33.6

33.8

0.1

0.1

0.2

0.3

35

36

35

31

Oklahoma

4,554

2,553

1,745

1,112

-43.9

-31.6

-36.3

1.4

1.1

1.4

1.2

13

15

14

15

Oregon

2,220

1,309

766

405

-41.0

-41.5

-47.2

0.7

0.6

0.6

0.4

23

25

24

24

Pennsylvania

13,014

12,628

6,039

4,790

-3.0

-52.2

-20.7

4.1

5.3

4.7

5.3

7

5

7

4

Rhode Island

1,965

1,292

362

297

-34.3

-72.0

-18.1

0.6

0.5

0.3

0.3

24

26

29

30

South Carolina

233

415

425

307

77.9

2.3

-27.6

0.1

0.2

0.3

0.3

34

32

28

29

South Dakota

140

223

99

79

59.6

-55.5

-20.0

0.0

0.1

0.1

0.1

36

34

36

35

Tennessee

2,972

2,475

1,129

761

-16.7

-54.4

-32.6

0.9

1.0

0.9

0.8

19

18

19

19

Texas

17,024

11,734

7,542

3,997

-31.1

-35.7

-47.0

5.4

5.0

5.9

4.4

5

7

4

6

USAF

93,851

67,101

40,949

31,860

-28.5

-39.0

-22.2

29.6

28.4

32.0

35.1

1

1

1

1

Utah

1,566

1,362

256

122

-13.1

-81.2

-52.4

0.5

0.6

0.2

0.1

26

24

32

34

Vermont

737

680

563

309

-7.8

-17.1

-45.2

0.2

0.3

0.4

0.3

31

31

27

28

Washington

4,063

2,241

1,160

398

-44.8

-48.3

-65.7

1.3

0.9

0.9

0.4

15

19

18

25

Wisconsin

26,405

26,373

13,743

5,995

-0.1

-47.9

-56.4

8.3

11.1

10.8

6.6

3

3

2

3

Total

316,677

236,549

127,783

90,702

-25.3

-46.0

-29.0

100.0

100.0

100.0

100.0

 

NOTES: The SLS program disbursed its last loans in FY94. 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