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Dupage Policy Journal

Tuesday, April 23, 2024

Report: 2.8% of Verve College students repaying loans are in default

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Out of 140 Verve College students repaying loans in 2015, 4 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Oak Brook a default rate of 2.8 percent for that year – 3.9 percentage points lower than in 2014 and 2.8 points higher than in 2013.

Verve College had 4 fewer students in default in 2015 than in 2014 and 4 more than in 2013.

How many students are in default at Verve College?
Year
School enrollment
Total students in default
2015
358
4
2014
365
8
2013
0
0

Verve College default rates by year
Year
Students in default
Students in repayment
Default rate
2015
4
140
2.8
2014
8
118
6.7
2013
0
0
0.0

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

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