Rick's Blog

Student loan defaults

The Orlando Sentinel has an article on the student loan defaults. The Sun Sentinel has a database on percentage of borrowers whose loans became due between Oct. 1, 2007 and Sept. 30, 2008 and defaulted on their loans on or before Sept. 30, 2009. Here are the percentages for schools in our area:

Florida Institute of Ultrasound 2%
Pensacola Junior College 9%
Pensacola School of Massage Therapy & Health Careers 6%
University of West Florida 4%
Virginia College 6%
Faulkner State Community College 12%
Troy University 10%
Northwest Florida State College 9%

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