Navigate Left
  • Sydney Sweeney in Immaculate. Photo courtesy of NEON.

    Arts & Entertainment

    He said, she said: ‘Immaculate’

  • Meet The Orions fall 2024 editorial board. Collage created by Ariana Powell on May 8 using Pixlr.

    Features

    Meet The Orion’s fall 2024 editorial board!

  • President Perez shaking the hand of Taylor Bisby as she receives her Masters degree. Taken by Jessica Miller on May 15

    News

    Chico State celebrates Graduate Studies Commencement

  • Live from the World Contamination Tour. Photo taken by Penny Howle and courtesy My Chemical Romance.

    Arts & Entertainment

    An alt-girl’s origin story: emo beginnings

  • Photo credit: Diego Ramirez

    Features

    Congrats to The Orion graduates!

Navigate Right
Breaking News
Chico State's independent student newspaper

The Orion

Chico State's independent student newspaper

The Orion

Chico State's independent student newspaper

The Orion

Chico State loan default rate up

Infographic+by+Ernesto+Rivera
Infographic by Ernesto Rivera


Infographic by Ernesto Rivera.

The Department of Education announced Wednesday that number of students defaulting on their student loans has declined to 13.7 percent, down from 14.7 in 2010. Chico State students are repaying their loans at a much higher rate than the national average and have a default rate of 7.6 percent.

Although Chico State’s default percentage is almost half the national average, there has been a steady increase from 2009 when the default percentage was 5.8.

The data measured students who entered repayment of their student loans in 2011. A loan is considered defaulted after 270 days without payment.

CSU Dominguez Hills has the largest default rate in the CSU system, at 11.2 percent.

The Department of Education attributes its lower percentage to new tools that help students with repayment such as a financial aid counseling tool and a revamped student aid website that includes information on flexible loan repayment plans.

Ernesto Rivera can be reached at [email protected] or @ernestorivera on Twitter.

Leave a Comment
More to Discover

Comments (0)

All The Orion Picks Reader Picks Sort: Newest

Your email address will not be published. Required fields are marked *