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Thursday, November 7, 2024

Report: 15.9% of Morgan State University students repaying loans are in default

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Out of 2,183 Morgan State University students repaying loans in 2015, 348 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the four-year public school in Baltimore a default rate of 15.9 percent for that year – 0.6 percentage points lower than in 2014 and 3 points higher than in 2013.

Morgan State University had 38 fewer students in default in 2015 than in 2014 and 24 more than in 2013.

How many students are in default at Morgan State University?
Year
School enrollment
Total students in default
2015
8,396
348
2014
8,742
386
2013
9,027
324

Morgan State University default rates by year
Year
Students in default
Students in repayment
Default rate
2015
348
2,183
15.9
2014
386
2,334
16.5
2013
324
2,500
12.9

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

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