The United States Department of Education calculates and publishes the rate at which each cohort of borrowers default on student loans borrowed through federal programs. Macalester's recent default rate history is displayed here.

Fiscal Year Macalester 2-Year Cohort Default Rate National Average 2-Year Cohort Default Rate Macalester 3-Year Cohort Default Rate National Average 3-Year Cohort Default Rate
2013     0.3% 11.3%
2012     2.2% 11.8%
2011 1.2% 10.0% 1.6% 13.7%
2010 0.9% 9.1% 0.6% 14.7%
2009 1.8% 8.8% 1.8%  
2008 0.6% 7.0%    
2007 0.9% 6.7%    
2006 0 5.2%    
2005 0.2% 4.6%    
2004 0 5.1%    
2003 0 4.5%