Student Loan Default Rates Analysis

Greater Pittsburgh Area Schools

For Profit Private Public2011 16.80% 4.33% 4.20%2010 15.23% 3.93% 4.17%2009 16.13% 3.30% 3.77%

Student Loan Default Rates By Type of Institution

For Profit Private PublicAvg 16.05% 3.85% 4.05%

By Type of InstitutionStudent Loan Default Rates

Type of School Conclusion

Private Institutions have the lowest amount of students that default on their student loans (3.85%)

Private Institutions were very close with 4.05% For Profit ranked in with an alarming 16.05%

Student Loan Default Rates By School

University of Phoenix Point Park University Devry University University of Pittsburgh

2011 14.30% 7.70% 16.40% 3.00%

2010 17.90% 6.50% 13.40% 2.90%

2009 18.80% 6.80% 14.20% 2.50%

Robert Morris University Duquesne University Slippery Rock University Clarion University Art Institute of Pittsburgh

2011 3.70% 1.60% 4.10% 5.50% 19.70%

2010 3.30% 2.00% 3.40% 6.20% 14.40%

2009 1.80% 1.40% 3.80% 5.00% 15.40%

Specific School ConclusionDuquesne has the lowest amount of students who default on their loans (average of 1.67%)

Robert Morris and Pitt were pretty low as well,2.93% and 2.8%

Worst School

“The Harvard of Internet Colleges”

17% Student Loan Default Rate

Worsts Schools

Devry also had a very high default rate, 14.67%

The Art Institute of Pittsburgh was very close to University of Phoenix with a 16.5%

Recap

For Profit Institutions have a much higher rate of student loan defaults than Private and Public InstitutionsDuquesne has the lowest student loan default rate while Pitt and Robert Morris are also very lowInternet Colleges appear to have a high default rateOut of the evaluated schools, Duquesne is the best choice when it comes to student loan default rates