Illinois public colleges, universities report 10.7 percent default rate on student loans

At Kennedy King College, 26.3 percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to a Higher Education Tribune analysis.

At Kennedy King College, 26.3 percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to a Higher Education Tribune analysis of the latest disclosure from the U.S. Department of Education.

The analysis uses data that tracks borrowers at all colleges and universities receiving federal student aid. The 2014 cohort accounts for borrowers who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year.   

Altogether, 59 institutions based in Illinois had 75,028 borrowers in repayment in the 2014 cohort. And 8,050 of them were in default – a default rate of 10.73 percent, which is below the national rate of 11.5 percent.

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Default rate

NameCityBorrowers in defaultBorrowers in repaymentDefault rate (%)
City Colleges Of Chicago - Kennedy King CollegeChicago3051,15826.3
Olive-Harvey CollegeChicago18271225.5
Parkland CollegeChampaign5061,98725.4
Illinois Eastern Community Colleges - Wabash Valley CollegeMount Carmel125024.0
Southwestern Illinois CollegeBelleville5062,10024.0
City Colleges Of Chicago - Malcolm X CollegeChicago14562623.1
Kishwaukee CollegeMalta18479923.0
Richland Community CollegeDecatur9441522.6
Highland Community CollegeFreeport6429421.7
Kankakee Community CollegeKankakee12960821.2
Harold Washington CollegeChicago18087220.6
City Colleges Of Chicago Harry S Truman CollegeChicago11355920.2
Lake Land CollegeMattoon12160020.1
Prairie State CollegeChicago Heights15581718.9
John Wood Community CollegeQuincy10255718.3
Wilbur Wright CollegeChicago5127818.3
Lincoln Land Community CollegeSpringfield16390717.9
Black Hawk CollegeMoline10559717.5
Joliet Junior CollegeJoliet1981,15517.1
College Of Du PageGlen Ellyn5403,28716.4
Carl Sandburg CollegeGalesburg3622516.0
College Of Lake CountyGrayslake13686715.6
Sauk Valley Community CollegeDixon4126315.5
Rock Valley CollegeRockford10165215.4
Illinois Central CollegeEast Peoria1801,17215.3
Lewis And Clark Community CollegeGodfrey9562015.3
Danville Area Community CollegeDanville4429115.1
Richard J Daley College-City Colleges Of ChicagoChicago4228714.6
Rend Lake CollegeIna6444014.5
Spoon River CollegeCanton4028014.2
Morton CollegeCicero3826914.1
Illinois Eastern Community Colleges -Frontier Community CollegeFairfield85714.0
Illinois Eastern Community Colleges - Lincoln Trail CollegeRobinson139313.9
Illinois Valley Community CollegeOglesby4230213.9
Heartland Community CollegeNormal7958013.6
Mchenry County CollegeCrystal Lake6346513.5
Moraine Valley Community CollegePalos Hills10378013.2
Triton CollegeRiver Grove5746212.3
Waubonsee Community CollegeSugar Grove1311,06412.3
Elgin Community CollegeElgin11997912.1
Kaskaskia CollegeCentralia4238410.9
Chicago State UniversityChicago2462,33010.5
John A. Logan CollegeCarterville1110910.0
Harper CollegePalatine1271,2739.9
Southern Illinois University At CarbondaleCarbondale4915,0399.7
Illinois Eastern Community Colleges - Olney Central CollegeOlney101128.9
Oakton Community CollegeDes Plaines141718.1
Northern Illinois UniversityDekalb4665,8028.0
Western Illinois UniversityMacomb2633,4527.6
Capital Area Career CenterSpringfield111487.4
Northeastern Illinois UniversityChicago1371,9816.9
Southern Illinois University EdwardsvilleEdwardsville2363,4506.8
Eastern Illinois UniversityCharleston1542,8095.4
Governors State UniversityUniversity Park911,7605.1
University Of Illinois At SpringfieldSpringfield571,2334.6
Illinois State UniversityNormal1404,5293.0
University Of Illinois At ChicagoChicago1535,5872.7
Beck School Of Practical NursingRed Bud2752.6
University Of Illinois At Urbana-ChampaignChampaign1126,2581.7
Source: U.S. Department of Education

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Organizations in this Story

Chicago State University College of Lake County Eastern Illinois University Governors State University Illinois Central College Illinois State University Kishwaukee College Lincoln Land Community College Lincoln Trail College McHenry County College Moraine Valley Community College Northeastern Illinois University Northern Illinois University Parkland College Rock Valley College University of Illinois at Chicago Western Illinois University

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