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McHenry Times

Friday, November 8, 2024

Report: 12.4% of McHenry County College students repaying loans are in default

Collegeclassroom04

Out of 457 McHenry County College students repaying loans in 2015, 57 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the two-year public school in Crystal Lake a default rate of 12.4 percent for that year – 1.1 percentage points lower than in 2014 and 1.8 points lower than in 2013.

McHenry County College had 6 fewer students in default in 2015 than in 2014 and 11 more than in 2013.

How many students are in default at McHenry County College?
Year
School enrollment
Total students in default
2015
10,690
57
2014
11,200
63
2013
11,113
46

McHenry County College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
57
457
12.4
2014
63
465
13.5
2013
46
322
14.2

Source for all tables: U.S. Department of Education

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