2. Student Loan Default Rates
By Type of Institution
For Profit Private
Public
2011
16.80%
4.33% 4.20%
2010
15.23%
3.93% 4.17%
2009
16.13%
3.30% 3.77%
3.
4. Student Loan Default Rates
By Type of Institution
For Profit Private
Public
Avg
16.05%
3.85% 4.05%
5. Type of School Conclusion
Private Institutions have the lowest amount of students
that default on their student loans (3.85%)
Private Institutions were very
close with 4.05%
For Profit ranked in with an
alarming 16.05%
6. Student Loan Default Rates By School
University of Phoenix Point Park University Devry University University of Pittsburgh
2011
14.30%
7.70%
16.40%
3.00%
2010
17.90%
6.50%
13.40%
2.90%
2009
18.80%
6.80%
14.20%
2.50%
Robert Morris University Duquesne University Slippery Rock University Clarion University Art Institute of Pittsburgh
2011
3.70%
1.60%
4.10%
5.50%
19.70%
2010
3.30%
2.00%
3.40%
6.20%
14.40%
2009
1.80%
1.40%
3.80%
5.00%
15.40%
7.
8. Specific School Conclusion
Duquesne has the lowest amount of students
who default on their loans (average of 1.67%)
Robert Morris and Pitt were
pretty low as well,
2.93% and 2.8%
10. Worsts Schools
Devry also had a very high default rate, 14.67%
The Art Institute of Pittsburgh was very close to
University of Phoenix with a 16.5%
11. Recap
For Profit Institutions have a much higher rate of
student loan defaults than Private and Public
Institutions
Duquesne has the lowest student loan default rate
while Pitt and Robert Morris are also very low
Internet Colleges appear to have a high default rate
Out of the evaluated schools, Duquesne is the best
choice when it comes to student loan default rates
