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Dupage Policy Journal

Saturday, April 20, 2024

Report: 12.3% of University of Phoenix students repaying loans are in default

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Out of 139,070 University of Phoenix students repaying loans in 2015, 17,127 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year proprietary school in Tempe a default rate of 12.3 percent for that year – 0.5 percentage points lower than in 2014 and 1 points lower than in 2013.

University of Phoenix had 3,401 fewer students in default in 2015 than in 2014 and 8,877 fewer than in 2013.

How many students are in default at University of Phoenix?
Year
School enrollment
Total students in default
2015
418,790
17,127
2014
489,479
20,528
2013
571,860
26,004

University of Phoenix default rates by year
Year
Students in default
Students in repayment
Default rate
2015
17,127
139,070
12.3
2014
20,528
159,144
12.8
2013
26,004
194,107
13.3

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

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