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Friday, November 22, 2024

Report: 6.5% of Educators of Beauty College of Cosmetology-Sterling students repaying loans are in default

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Out of 91 Educators of Beauty College of Cosmetology-Sterling students repaying loans in 2015, 6 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Sterling a default rate of 6.5 percent for that year – 1.2 percentage points higher than in 2014 and 3.8 points higher than in 2013.

Educators of Beauty College of Cosmetology-Sterling had 1 more student in default in 2015 than in 2014 and 3 more than in 2013.

How many students are in default at Educators of Beauty College of Cosmetology-Sterling?
Year
School enrollment
Total students in default
2015
181
6
2014
173
5
2013
240
3

Educators of Beauty College of Cosmetology-Sterling default rates by year
Year
Students in default
Students in repayment
Default rate
2015
6
91
6.5
2014
5
93
5.3
2013
3
111
2.7

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

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