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Saturday, November 23, 2024

Report: 18.9% of Cortiva Institute students repaying loans are in default

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Out of 496 Cortiva Institute students repaying loans in 2015, 94 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Linthicum a default rate of 18.9 percent for that year – 2.4 percentage points lower than in 2014 and 1.6 points higher than in 2013.

Cortiva Institute had 17 fewer students in default in 2015 than in 2014 and 8 fewer than in 2013.

How many students are in default at Cortiva Institute?
Year
School enrollment
Total students in default
2015
1,136
94
2014
1,037
111
2013
1,311
102

Cortiva Institute default rates by year
Year
Students in default
Students in repayment
Default rate
2015
94
496
18.9
2014
111
519
21.3
2013
102
589
17.3

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

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