WV COLLEGE STUDENTS 3RD HIGHEST IN USA WITH STUDENT LOAN DEFAULT - State's College Going Rate Declining

(08/19/2015)

State has 3rd highest default rate for federal student loans By Ryan Quinn, Staff writer GAZETTE/MAIL Presidential contenders' increasing talk of alleviating the massive U.S. college student debt burden has outsize implications for West Virginia - which has, according to the latest federal data, the country's third-highest default rate on federal student loans. Nearly 6,700, or 18.2 percent, of the Mountain State's roughly 36,700 students who entered repayment in federal fiscal year 2010-11 had defaulted before the Oct. 1, 2013, start of last fiscal year - 4.5 percentage points higher than the national rate. Only Arizona, at 18.4 percent, and New Mexico, at 20.8 percent, had higher default rates. Nebraska, at 7.7 percent, and North Dakota, at 6.1 percent, had the lowest among the 50 states. West Virginia Higher Education Policy Commission officials said Monday they expect the U.S. Department of Education to release updated numbers next month... READ REST OF STORY: State has 3rd highest default rate for federal student loans By Ryan Quinn, Staff writer for the Gazette/Mail READ: CALHOUN SCHOOLS HAVE WORST COLLEGE GOING RATE IN WEST VIRGINIA - College Education Less Affordable

Hur Herald ®from Sunny Cal The information on these pages, to the extent the law allows, remains the exclusive property of Bob Weaver and Dianne Weaver The Hur Herald. All information may be freely used but must not be sold or used in any type of commercial endeavor, or used on any web site without the express permission of the owners ©Bob and Dianne Weaver, The Hur Herald, 1999, 2000, 2001