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Default Rate History

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 YearMacalester 2-Year Cohort Default RateNational Average 2-Year Cohort Default RateMacalester 3-Year Cohort Default RateNational Average 3-Year Cohort Default Rate
2017  0.9% 
2016  0.8%10.1%
2015  1.0%10.8%
2014  0.8%11.5%
2013  0.3%11.3%
2012  2.2%11.8%
20111.2%10.0%1.6%13.7%
20100.9%9.1%0.6%14.7%
20091.8%8.8%1.8% 
20080.6%7.0%  
20070.9%6.7%  
200605.2%  
20050.2%4.6%  
200405.1%  
200304.5%