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Note: These rates are accurate only as of September 15, 2008.
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FY 2004 |
FY 2005 |
FY 2006 |
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Institution Type |
# of Schools |
Borrower Default Rate |
# of |
# of Borrowers Entered Repayment |
# of Schools |
Borrower Default Rate |
# of |
# of Borrowers Entered Repayment |
# of Schools |
Borrower Default Rate |
# of |
# of Borrowers Entered Repayment |
| Public | 1,647 | 4.7% | 70,864 | 1,488,978 | 1,622 | 4.3% | 78,040 | 1,803,195 | 1,646 | 4.7% | 94,627 | 1,988,185 |
| Less than 2 yrs | 153 | 5.7% | 390 | 6,808 | 145 | 5.2% | 398 | 7,567 | 153 | 6.4% | 529 | 8,178 |
| 2-3 yrs | 889 | 8.1% | 31,476 | 386,474 | 869 | 7.9% | 36,717 | 463,007 | 878 | 8.4% | 44,439 | 523,749 |
| 4yrs(+) | 605 | 3.5% | 38,998 | 1,095,696 | 608 | 3.0% | 40,925 | 1,332,621 | 615 | 3.4% | 49,659 | 1,456,258 |
| Private | 1,790 | 3.0% | 22,434 | 741,372 | 1,771 | 2.4% | 23,411 | 950,819 | 1,748 | 2.5% | 26,735 | 1,055,567 |
| Less than 2 yrs | 55 | 9.0% | 353 | 3,881 | 52 | 9.0% | 401 | 4,434 | 56 | 10.0% | 359 | 3,589 |
| 2-3 yrs | 233 | 7.4% | 1,526 | 20,539 | 220 | 6.7% | 1,467 | 21,819 | 190 | 6.1% | 1,122 | 18,278 |
| 4yrs(+) | 1,502 | 2.8% | 20,555 | 716,952 | 1,499 | 2,3% | 21,543 | 924,566 | 1,502 | 2.4% | 25,254 | 1,033,700 |
| Proprietary | 1,963 | 8.6% | 50,729 | 588,432 | 1,906 | 8.2% | 60,379 | 730,385 | 1,988 | 9.7% | 82,995 | 855,523 |
| Less than 2 yrs | 1,046 | 8.9% | 11,755 | 130,810 | 974 | 8.9% | 12,737 | 141,953 | 1,008 | 10.9% | 15,426 | 140,302 |
| 2-3 yrs | 697 | 9.9% | 20,346 | 205,000 | 690 | 9.3% | 22,500 | 240,545 | 728 | 11.1% | 29,976 | 267,869 |
| 4 yrs(+) | 220 | 7.3% | 18,628 | 252,622 | 242 | 7.2% | 25,142 | 347,887 | 252 | 8.4% | 37,593 | 447,352 |
| Foreign | 434 | 1.5% | 100 | 6,662 | 457 | 1.0% | 121 | 11,156 | 466 | 1.2% | 150 | 12,359 |
| Unclassified | 2 | 5.5% | 1 | 18 | 1 | 0.0% | 0 | 29 | 1 | 0.0% | 0 | 6 |
| Total | 5,836 | 5.1% | 144,128 | 2,825,462 | 5,757 | 4.6% | 161,951 | 3,495,584 | 5,849 | 5.2% | 204,507 | 3,911,640 |
This table reflects all borrowers who entered repayment during the given fiscal year as reported to the National Student Loan Data System (NSLDS). Some of these borrowers attended schools that are no longer eligible for Title IV program participation. The information provided in the downloadable or searchable reports on this website is limited to schools that, at the time of the most recent calculation, were eligible for participation in the Title IV programs. Therefore, since this table is based on a larger population, totals derived from the downloadable or searchable reports will not fully reconcile with the figures above.