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Baltimore City Wire

Thursday, November 7, 2024

Report: 4.1% of Maryland Institute College of Art students repaying loans are in default

Collegeclassroom03

Out of 524 Maryland Institute College of Art students repaying loans in 2015, 22 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year private school in Baltimore a default rate of 4.1 percent for that year – 1.9 percentage points higher than in 2014 and 0.3 points higher than in 2013.

Maryland Institute College of Art had 10 more students in default in 2015 than in 2014 and 1 more than in 2013.

How many students are in default at Maryland Institute College of Art?
Year
School enrollment
Total students in default
2015
2,632
22
2014
2,711
12
2013
2,705
21

Maryland Institute College of Art default rates by year
Year
Students in default
Students in repayment
Default rate
2015
22
524
4.1
2014
12
527
2.2
2013
21
544
3.8

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

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