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Higher Ed Utah

Utah Higher Education News and Information

Posts tagged ‘Default’

Utah’s student loan default rate drops as nation’s rises

(SL Tribune) - While the default rate by student borrowers continues to inch upward nationally, Utah’s contribution to the growing default crisis continues to decline, according to data released Monday by the U.S. Department of Education. Since 2005, Utah’s student loan default rate steadily slipped from 4.3 to 1.9 percent, less than one-fourth the...

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UHEAA’s Student Loan Default Rate Hits an All Time LOW!

The Department of Education released the latest student loan default rates yesterday and UHEAA has hit an all time LOW at 1.9%.  Last year's figure of 2.1% made us #1 in the nation for the lowest default rate, and this year we beat our own "personal best" by 10%! We're way below the national average of 7%...

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