18 percent of borrowers at 2-year colleges in Illinois default on student loans


At Taylor Business Institute, 29  percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to the latest disclosure from the U.S. Department of Education.

The data includes two-year public colleges. The Federal Student Aid Office compiles data on schools receiving federal student aid who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year.

In total, 56 two-year institutions based in Illinois reported 33,579 students entered repayment on student loans in 2014. And 6,039 – or 17.98 percent, above the national rate of 11.5 percent – defaulted on those loans

Illinois 2-year schools with highest default rates

RankSchoolCityNumber of Borrowers in RepayNumber of Borrowers in DefaultDefault Rate (%)
1Taylor Business Institute                                        Chicago             1394129.4
2Le Cordon Bleu College Of Culinary Arts In Chicago               Chicago             65318027.5
3City Colleges Of Chicago - Kennedy King College                  Chicago             1,15830526.3
4Olive-Harvey College                                             Chicago             71218225.5
5Parkland College                                                 Champaign           1,98750625.4
6Illinois Eastern Community Colleges - Wabash Valley College      Mount Carmel        501224.0
7Southwestern Illinois College                                    Belleville          2,10050624.0
8City Colleges Of Chicago - Malcolm X College                     Chicago             62614523.1
9Maccormac College                                                Chicago             952223.1
10Kishwaukee College                                               Malta               79918423.0
11Richland Community College                                       Decatur             4159422.6
12Highland Community College                                       Freeport            2946421.7
13Kankakee Community College                                       Kankakee            60812921.2
14Harold Washington College                                        Chicago             87218020.6
15City Colleges Of Chicago Harry S Truman College                  Chicago             55911320.2
16Lake Land College                                                Mattoon             60012120.1
17Vatterott College                                                Quincy              5179919.1
18Prairie State College                                            Chicago Heights     81715518.9
19Coyne College                                                    Chicago             71513218.4
20John Wood Community College                                      Quincy              55710218.3
21Wilbur Wright College                                            Chicago             2785118.3
22Lincoln Land Community College                                   Springfield         90716317.9
23Black Hawk College                                               Moline              59710517.5
24Joliet Junior College                                            Joliet              1,15519817.1
25College Of Du Page                                               Glen Ellyn          3,28754016.4
26Carl Sandburg College                                            Galesburg           2253616.0
27College Of Lake County                                           Grayslake           86713615.6
28Sauk Valley Community College                                    Dixon               2634115.5
29Rock Valley College                                              Rockford            65210115.4
30Illinois Central College                                         East Peoria         1,17218015.3
31Lewis And Clark Community College                                Godfrey             6209515.3
32Danville Area Community College                                  Danville            2914415.1
33Richard J Daley College-City Colleges Of Chicago                 Chicago             2874214.6
34Midwestern Career College                                        Chicago             2063014.5
35Rend Lake College                                                Ina                 4406414.5
36Spoon River College                                              Canton              2804014.2
37Morton College                                                   Cicero              2693814.1
38Illinois Eastern Community Colleges -Frontier Community College  Fairfield           57814.0
39Illinois Eastern Community Colleges - Lincoln Trail College      Robinson            931313.9
40Illinois Valley Community College                                Oglesby             3024213.9
41Heartland Community College                                      Normal              5807913.6
42Mchenry County College                                           Crystal Lake        4656313.5
43Moraine Valley Community College                                 Palos Hills         78010313.2
44Triton College                                                   River Grove         4625712.3
45Waubonsee Community College                                      Sugar Grove         1,06413112.3
46Elgin Community College                                          Elgin               97911912.1
47Morrison Institute Of Technology                                 Morrison            44511.3
48Kaskaskia College                                                Centralia           3844210.9
49John A. Logan College                                            Carterville         1091110.0
50Harper College                                                   Palatine            1,2731279.9
51Illinois Eastern Community Colleges - Olney Central College      Olney               112108.9
52Oakton Community College                                         Des Plaines         171148.1
53Ambria College Of Nursing                                        Hoffman Estates     166116.6
54Fox College                                                      Bedford Park        316206.3
55Worsham College Of Mortuary Science                              Wheeling            7545.3
56Chicago Ort Technical Institute                                  Skokie              7845.1
Source: U.S. Department of Education Federal Student Aid Office

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