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| Federal Student Loan Programs Data Book - FY 1997-FY 2000
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| Part IV FFEL Program and FDLP Defaults and Collections | CONTENTS < BACK NEXT > |
To view the following table in an accessible format please go to http://www.ed.gov/finaid/prof/resources/data/fslpdata97-01/table52.xls.
These files are in Microsoft Excel format. If you do not have Excel, you can access the files by downloading the free Excel viewer at: http://office.microsoft.com/downloads/2000/xlviewer.aspx.
| Table 52c. - Federal Family Education Loan (FFEL) program cohort default rate for guaranty agencies: FY19911 |
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| Guaranty agency |
Borrower default rate* (%) |
Number of borrowers in default |
Number of borrowers in repayment |
|---|---|---|---|
| Arkansas |
7.7 |
1,323 |
17,082 |
| California |
6.0 |
12,628 |
208,634 |
| Colorado |
5.0 |
2,129 |
42,455 |
| Connecticut |
4.6 |
1,016 |
21,947 |
| ECMC |
4.8 |
2,876 |
59,413 |
| Florida |
7.3 |
7,180 |
97,506 |
| Georgia |
6.4 |
3,686 |
56,807 |
| Illinois |
4.9 |
4,533 |
90,745 |
| Iowa |
5.8 |
2,352 |
40,260 |
| Kentucky |
6.4 |
3,931 |
61,819 |
| Louisiana |
6.6 |
2,935 |
44,338 |
| Maine |
5.5 |
612 |
11,068 |
| Massachusetts |
4.2 |
3,463 |
81,682 |
| Michigan |
6.0 |
4,604 |
76,545 |
| Missouri |
5.4 |
2,890 |
52,571 |
| Montana |
7.9 |
756 |
9,525 |
| Nebraska |
5.7 |
1,093 |
19,029 |
| New Hampshire |
2.2 |
327 |
14,565 |
| New Jersey |
6.2 |
2,996 |
48,256 |
| New Mexico |
6.3 |
826 |
12,913 |
| New York |
5.5 |
10,119 |
183,242 |
| North Carolina |
6.1 |
2,692 |
43,519 |
| North Dakota |
1.8 |
200 |
10,694 |
| Oklahoma |
5.9 |
2,066 |
34,898 |
| Oregon |
3.9 |
1,148 |
28,707 |
| Pennsylvania |
5.1 |
8,438 |
165,865 |
| Rhode Island |
5.7 |
838 |
14,499 |
| South Carolina |
4.8 |
1,348 |
28,022 |
| South Dakota |
2.6 |
293 |
11,146 |
| Tennessee |
6.7 |
2,772 |
41,199 |
| Texas |
6.9 |
9,114 |
130,880 |
| USAF |
6.0 |
13,438 |
222,920 |
| Utah |
2.9 |
590 |
20,074 |
| Vermont |
3.1 |
288 |
9,006 |
| Washington |
5.5 |
3,166 |
57,885 |
| Wisconsin |
5.4 |
12,089 |
224,578 |
| Rank |
Guaranty agency |
Default rate (%) |
|---|---|---|
| 1 |
Montana |
7.9 |
| 2 |
Arkansas |
7.7 |
| 3 |
Florida |
7.3 |
| 4 |
Texas |
6.9 |
| 5 |
Tennessee |
6.7 |
| 6 |
Louisiana |
6.6 |
| 7 |
Georgia |
6.4 |
| 8 |
Kentucky |
6.4 |
| 9 |
New Mexico |
6.3 |
| 10 |
New Jersey |
6.2 |
| 11 |
North Carolina |
6.1 |
| 12 |
USAF |
6.0 |
| 13 |
California |
6.0 |
| 14 |
Michigan |
6.0 |
| 15 |
Oklahoma |
5.9 |
| 16 |
Iowa |
5.8 |
| 17 |
Nebraska |
5.7 |
| 18 |
Rhode Island |
5.7 |
| 19 |
Maine |
5.5 |
| 20 |
New York |
5.5 |
| 21 |
Washington |
5.5 |
| 22 |
Missouri |
5.4 |
| 23 |
Wisconsin |
5.4 |
| 24 |
Pennsylvania |
5.1 |
| 25 |
Colorado |
5.0 |
| 26 |
Illinois |
4.9 |
| 27 |
ECMC |
4.8 |
| 28 |
South Carolina |
4.8 |
| 29 |
Connecticut |
4.6 |
| 30 |
Massachusetts |
4.2 |
| 31 |
Oregon |
3.9 |
| 32 |
Vermont |
3.1 |
| 33 |
Utah |
2.9 |
| 34 |
South Dakota |
2.6 |
| 35 |
New Hampshire |
2.2 |
| 36 |
North Dakota |
1.8 |
| * The borrower cohort default rate is the fraction of borrowers entering repayment in a given fiscal year who default by the end of the following fiscal year |
||
| Part IV FFEL Program and FDLP Defaults and Collections | CONTENTS < BACK NEXT > |
| Federal Student Loan Programs Data Book - FY 1997-FY 2000 |
|