16 percent of borrowers at 2-year colleges in Colorado default on student loans


At Everest College, 30 percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to the latest disclosure from the U.S. Department of Education.

The data includes two-year public colleges. The Federal Student Aid Office compiles data on schools receiving federal student aid who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year.

In total, 25 two-year institutions based in Colorado reported 22,554 students entered repayment on student loans in 2014. And 3,520 – or 15.61 percent, above the national rate of 11.5 percent – defaulted on those loans

Colorado 2-year schools with highest default rates

RankSchoolCityNumber of Borrowers in RepayNumber of Borrowers in DefaultDefault Rate (%)
1Everest College                                                  Colorado Springs    1,14134229.9
2Everest College                                                  Thornton            69618126.0
3Pima Medical Institute                                           Aurora              1132219.4
4Aims Community College                                           Greeley             1,28624418.9
5Community College Of Aurora                                      Aurora              2,06134916.9
6Morgan Community College                                         Fort Morgan         2674516.8
7Intellitec College                                               Colorado Springs    2804616.4
8Otero Junior College                                             La Junta            3415616.4
9Pikes Peak Community College                                     Colorado Springs    3,14049015.6
10Lamar Community College                                          Lamar               1962914.7
11Spartan College Of Aeronautics And Technology                    Broomfield          4646814.6
12Front Range Community College                                    Westminster         5,73682514.3
13Trinidad State Junior College                                    Trinidad            3324714.1
14Concorde Career College                                          Aurora              99614014.0
15Ibmc College                                                     Colorado Springs    2373213.5
16Northeastern Junior College                                      Sterling            4816413.3
17Intellitec College                                               Grand Junction      4475913.1
18Arapahoe Community College                                       Littleton           2,60733212.7
19Ibmc College                                                     Fort Collins        7149112.7
20Colorado Northwestern Community College                          Rangely             2252812.4
21Academy Of Natural Therapy                                       Greeley             49612.2
22Colorado Academy Of Veterinary Technology                        Colorado Springs    5048.0
23Auguste Escoffier School of Culinary

Arts                        

Boulder             24493.6
24Bel - Rea Institute Of Animal Technology                         Denver              34692.6
25Colorado School Of Trades                                        Lakewood            10521.9
Source: U.S. Department of Education Federal Student Aid Office

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