Skip to main content

Student Loan Default Rates, 2014-2016 Cohorts

The US Department of Education has released the 2016 Cohort Default Rates, and it's always an interesting data set to play with, as it contains three years of data each time it's released.

This year's data is no exception, and I've taken the liberty of visualizing it to make it easy to get to the information, and to dive down deeper if you want.  But first, you may want to take a look at the website and read about what, exactly, is being measured.  Here's a detailed description of how these numbers are calculated, and you can take a look at the whole online publication here if you'd prefer.

It's also important to take a look at these as part input, part output.  That is, going to a particular college does not cause a student to default; some colleges (especially some for-profit institutions) enroll students with considerably less academic preparation who are less likely to graduate in the first place, and thus may end up with no degree and no suitable job to pay the loans back.

The view contains (on the left) the default rates for each institution for three years (color-coded, and as always, hover for details), and, on the right, the three year weighted average, which is used to sort institutions from highest to lowest.  The view starts with just Doctoral, Master's and Baccalaureate institutions included, and just public and private, for-profit colleges and universities.  You can easily change that with the click of a few filters to get just the views you want; for instance, you might choose to see only New England, or only Texas, or only community colleges.

Let me know what jumps out at you by leaving a comment, below.



Comments

Popular posts from this blog

So you think you're going back to the SAT and ACT?

Now that almost every university in the nation has gone test-optional for the 2021 cycle out of necessity, a nagging question remains: How many will go back to requiring tests as soon as it's possible?  No one knows, but some of the announcements some colleges made sounded like the kid who only ate his green beans to get his screen time: They did it, but they sure were not happy about it.  So we have some suspicions about the usual suspects. I don't object to colleges requiring tests, of course, even though I think they're not very helpful, intrinsically biased against certain groups, and a tool of the vain.  You be you, though, and don't let me stop you. However, there is a wild card in all of this: The recent court ruling prohibiting the University of California system from even using--let alone requiring--the SAT or ACT in admissions decisions next fall.  If you remember, the Cal State system had already decided to go test blind, and of course community colleges in

Baccalaureate origins of doctoral recipients

Here's a little data for you: 61 years of it, to be precise.  The National Science Foundation publishes its data on US doctoral recipients sliced a variety of ways, including some non-restricted public use files that are aggregated at a high level to protect privacy. The interface is a little quirky, and if you're doing large sets, you need to break it into pieces (this was three extracts of about 20 years each), but it may be worth your time to dive in. I merged the data set with my mega table of IPEDS data, which allows you to look at institutions on a more granular level:  It's not surprising to find that University of Washington graduates have earned more degrees than graduates of Whitman College, for instance.  So, you can filter the data by Carnegie type, region or state, or control, for instance; or you can look at all 61 years, or any range of years between 1958 and 2018 and combine it with broad or specific academic fields using the controls. High school and indep

All Degrees Awarded by US Colleges and Universities, 2019

 The question often asked by high school and independent counselors is something like, "What college offers degrees in <insert major name>.  While this can't help you know what colleges offer a specific degree, it can tell you which colleges awarded those degrees in 2019. It can also help you see the shape of degrees awarded in the US, and even dive deeper into a specific college to see what types of degrees  It's pretty straight-forward, but there are also some features you need to be aware of.  If you know how to Tableau, go ahead and dive right in. The first view  using the tabs across the top shows all degrees awarded by US colleges in 2019.  From there, you can choose any specific combination of student and college characteristics: For instance, if you want to find which institutions award the most bachelor's degrees at public universities in the southwest, just click.  If you then want to find which of those colleges offer the most degrees in History, just