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Illinois Valley Times

Monday, December 23, 2024

Report: 3.4% of Educators of Beauty College of Cosmetology students repaying loans are in default

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Out of 88 Educators of Beauty College of Cosmetology students repaying loans in 2015, 3 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Peru a default rate of 3.4 percent for that year – 0.2 percentage points lower than in 2014 and 0.5 points higher than in 2013.

Educators of Beauty College of Cosmetology had 1 fewer student in default in 2015 than in 2014 and 2 more than in 2013.

How many students are in default at Educators of Beauty College of Cosmetology?
Year
School enrollment
Total students in default
2015
50
3
2014
43
4
2013
72
1

Educators of Beauty College of Cosmetology default rates by year
Year
Students in default
Students in repayment
Default rate
2015
3
88
3.4
2014
4
110
3.6
2013
1
34
2.9

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

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