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Thursday, November 14, 2024

Report: 9% of Montgomery College students repaying loans are in default

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Out of 2,604 Montgomery College students repaying loans in 2015, 235 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the two-year public school in Rockville a default rate of 9 percent for that year – 2.7 percentage points lower than in 2014 and 0.5 points lower than in 2013.

Montgomery College had 43 fewer students in default in 2015 than in 2014 and 56 more than in 2013.

How many students are in default at Montgomery College?
Year
School enrollment
Total students in default
2015
36,236
235
2014
38,012
278
2013
37,390
179

Montgomery College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
235
2,604
9.0
2014
278
2,374
11.7
2013
179
1,869
9.5

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

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