{"id":295,"date":"2017-11-20T14:38:06","date_gmt":"2017-11-20T14:38:06","guid":{"rendered":"https:\/\/www.macalester.edu\/financial-aid\/defaultratehistory\/"},"modified":"2022-02-16T20:10:52","modified_gmt":"2022-02-16T20:10:52","slug":"defaultratehistory","status":"publish","type":"page","link":"https:\/\/www.macalester.edu\/financial-aid\/loans\/studentloansatmac\/defaultratehistory\/","title":{"rendered":"Default Rate History"},"content":{"rendered":"<p>The United States Department of Education calculates and <a href=\"http:\/\/studentaid.ed.gov\/about\/data-center\/student\/default\"> publishes<\/a> the rate at which each cohort of borrowers default on student loans borrowed through federal programs. Macalester&#8217;s recent default rate history is displayed here.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><th>Fiscal Year<\/th><th>Macalester 2-Year Cohort Default Rate<\/th><th>National Average 2-Year Cohort Default Rate<\/th><th>Macalester 3-Year Cohort Default Rate<\/th><th>National Average 3-Year Cohort Default Rate<\/th><\/tr><tr><td>2017<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>0.9%<\/td><td>&nbsp;<\/td><\/tr><tr><td>2016<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>0.8%<\/td><td>10.1%<\/td><\/tr><tr><td>2015<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>1.0%<\/td><td>10.8%<\/td><\/tr><tr><td>2014<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>0.8%<\/td><td>11.5%<\/td><\/tr><tr><td>2013<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>0.3%<\/td><td>11.3%<\/td><\/tr><tr><td>2012<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><td>2.2%<\/td><td>11.8%<\/td><\/tr><tr><td>2011<\/td><td>1.2%<\/td><td>10.0%<\/td><td>1.6%<\/td><td>13.7%<\/td><\/tr><tr><td>2010<\/td><td>0.9%<\/td><td>9.1%<\/td><td>0.6%<\/td><td>14.7%<\/td><\/tr><tr><td>2009<\/td><td>1.8%<\/td><td>8.8%<\/td><td>1.8%<\/td><td>&nbsp;<\/td><\/tr><tr><td>2008<\/td><td>0.6%<\/td><td>7.0%<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>2007<\/td><td>0.9%<\/td><td>6.7%<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>2006<\/td><td>0<\/td><td>5.2%<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>2005<\/td><td>0.2%<\/td><td>4.6%<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>2004<\/td><td>0<\/td><td>5.1%<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><tr><td>2003<\/td><td>0<\/td><td>4.5%<\/td><td>&nbsp;<\/td><td>&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>","protected":false},"excerpt":{"rendered":"<p>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&#8217;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 [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"parent":297,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-295","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.macalester.edu\/financial-aid\/wp-json\/wp\/v2\/pages\/295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.macalester.edu\/financial-aid\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.macalester.edu\/financial-aid\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/financial-aid\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/financial-aid\/wp-json\/wp\/v2\/comments?post=295"}],"version-history":[{"count":5,"href":"https:\/\/www.macalester.edu\/financial-aid\/wp-json\/wp\/v2\/pages\/295\/revisions"}],"predecessor-version":[{"id":1477,"href":"https:\/\/www.macalester.edu\/financial-aid\/wp-json\/wp\/v2\/pages\/295\/revisions\/1477"}],"up":[{"embeddable":true,"href":"https:\/\/www.macalester.edu\/financial-aid\/wp-json\/wp\/v2\/pages\/297"}],"wp:attachment":[{"href":"https:\/\/www.macalester.edu\/financial-aid\/wp-json\/wp\/v2\/media?parent=295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}