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Dupage Policy Journal

Sunday, December 22, 2024

Report: 5.6% of Universal Spa Training Academy students repaying loans are in default

Collegeclassroom04

Out of 89 Universal Spa Training Academy students repaying loans in 2015, 5 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Downers Grove a default rate of 5.6 percent for that year – 2.8 percentage points lower than in 2014 and 8 points lower than in 2013.

Universal Spa Training Academy had 1 fewer student in default in 2015 than in 2014 and 5 fewer than in 2013.

How many students are in default at Universal Spa Training Academy?
Year
School enrollment
Total students in default
2015
206
5
2014
162
6
2013
110
10

Universal Spa Training Academy default rates by year
Year
Students in default
Students in repayment
Default rate
2015
5
89
5.6
2014
6
71
8.4
2013
10
73
13.6

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

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