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Friday, November 22, 2024

6.2 percent of borrowers default on student loans in Maryland

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St. John's College was among four-year schools in Maryland to report the highest rates of borrowers who started repaying student loans in 2014 and defaulted on those loans by the end of 2016, according to the latest data from the U.S. Department of Education.

Twenty-seven institutions reported 44,802 students entered repayment on student loans. And 2,766 – or 6.2 percent – defaulted on those loans.

The data includes students at four-year schools receiving federal student aid who entered repayment on selected federal loans in 2014 and defaulted before the end of the second fiscal year.   

Default rates at four-year schools

NameCityNumber of borrowers in repaymentNumber of borrowers in defaultDefault rate
Coppin State University                                          Baltimore           1,06319518.34%
Morgan State University                                          Baltimore           2,33438616.54%
University Of Maryland - Eastern Shore                           Princess Anne       1,29519414.98%
Bowie State University                                           Bowie               1,68920612.20%
Capitol Technology University                                    Laurel              1651810.91%
Washington Adventist University                                  Takoma Park         446408.97%
Frostburg State University                                       Frostburg           1,3751067.71%
University Of Maryland University College                        Adelphi             10,0207047.03%
University of Baltimore                                          Baltimore           1,8731316.99%
Stevenson University                                             Stevenson           1,052686.46%
Hood College                                                     Frederick           502305.98%
Notre Dame Of Maryland University                                Baltimore           531295.46%
University Of Maryland - Baltimore County                        Baltimore           2,3641184.99%
Washington College                                               Chestertown         302144.64%
Towson University                                                Towson              4,2181824.31%
Goucher College                                                  Baltimore           448194.24%
Mount Saint Mary's University                                    Emmitsburg          519203.85%
Salisbury University                                             Salisbury           1,858653.50%
Mcdaniel College                                                 Westminster         533132.44%
University Of Maryland, College Park                             College Park        5,1991262.42%
Maryland Institute College Of Art                                Baltimore           527122.28%
Maryland University Of Integrative Health                        Laurel              18042.22%
Loyola University Maryland                                       Baltimore           1,125232.04%
University Of Maryland, Baltimore                                Baltimore           1,650251.52%
Saint Mary's College Of Maryland                                 Saint Marys City    29841.34%
Johns Hopkins University                                         Baltimore           3,105331.06%
St. John's College                                               Annapolis           13110.76%
Source: U.S. Department of Education

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