University Cohort Default Rate Beats National Rate

Florida National University is proud to announce that our most recent Cohort Default Rate, as calculated by the U.S. Department of Education, has reached a new low of 9.6%, which is below the National Cohort Default Rate, as well as the sector-specific rates for public and for-profit institutions. The national and sector-specific rates announced by the Department of Education are:

National Cohort Default Rate: 10.8%
Public Institutions 10.3%
Private Nonprofit Institution 7.1%
For-Profit Institution 15.6%

 

 

 

 

Source: https://www.nasfaa.org/news-item/16317/New_ED_Data_Show_National_Student_Loan_Cohort_Default_Rate_Drops_6_Percent