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Wednesday, May 15, 2024

Report: 5.1% of Montgomery Beauty School students repaying loans are in default

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Out of 77 Montgomery Beauty School students repaying loans in 2015, 4 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Silver Spring a default rate of 5.1 percent for that year – 3.3 percentage points higher than in 2014 and 7.3 points lower than in 2013.

Montgomery Beauty School had 2 more students in default in 2015 than in 2014 and 24 fewer than in 2013.

How many students are in default at Montgomery Beauty School?
Year
School enrollment
Total students in default
2015
233
4
2014
234
2
2013
265
28

Montgomery Beauty School default rates by year
Year
Students in default
Students in repayment
Default rate
2015
4
77
5.1
2014
2
107
1.8
2013
28
225
12.4

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

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