Student debt swells, loan defaults grow

Student debt swells, loan defaults grow Student loan default rate Unemployment rate, July 2011 for all public institutions, FY 2009 6% 9% 12% Utah The U.S. average for all student defaults is 8.8% North Dakota Montana Connecticut Vermont A student graduating from a 4-year public institution in New Hampshire leaves school with the most debt in the U.S. on average, $29,700. New Hampshire South Dakota Virginia North Carolina Rhode Island At an average of $14,700, students in California graduate from 4-year public institutions with the lowest amount of school debt in the U.S. California Wisconsin Massachusetts Maryland South Carolina Pennsylvania New Jersey Washington Hawaii Nebraska Delaware Kansas Minnesota Idaha Only 37% of students in Nevada graduate from 4-year public institutions with school debt. Nevada Michigan Illinois Missouri District of Columbia Alaska Wyoming New York Indiana Oregon Georgia The unemployment rate for adults 25 to 34 is 10.1%, higher than the rate for all adults. Average income for this age group also dropped 4.4% from 2007 to 2010. New Mexico lowa Maine Ohio Florida Техas Default rates by institution type Alabama Louisiana 15% West Virginia 8.8% Colorado U.S. average Arizona Tennessee 7.3% 4.7% Kentucky Oklahoma Mississippi Private For- Public profit Arkansas Top 10 4-year public schools Top 10 states for defaults, public institutions for defaults: 1. Central State Univ., OH, 22.6% 2. Univ. of Arkansas, Pine Bluff, 21.1% 3. Langston Univ., OK, 20.4% 4. Univ. of Arkansas, Monticello, 20.1% 5. Lincoln Univ., MO, 17.8% 6. West Virginia Univ., 17.7% 7. Daytona State College, FL, 17.3% 8. Oklahoma State Univ. Inst. of Tech., 16.8% 9. Texas Southern Univ., 16.6% 10. Univ. of Hawaii, Maui College, 16.6% Source: U.S. Department of Education, U.S. Department of Labor, Project on Student Debt, U.S. Census Bureau. Stateline.org infographic by Mary Mahling, Carla Uriona, and Ben Wieder Student debt swells, loan defaults grow Student loan default rate Unemployment rate, July 2011 for all public institutions, FY 2009 6% 9% 12% Utah The U.S. average for all student defaults is 8.8% North Dakota Montana Connecticut Vermont A student graduating from a 4-year public institution in New Hampshire leaves school with the most debt in the U.S. on average, $29,700. New Hampshire South Dakota Virginia North Carolina Rhode Island At an average of $14,700, students in California graduate from 4-year public institutions with the lowest amount of school debt in the U.S. California Wisconsin Massachusetts Maryland South Carolina Pennsylvania New Jersey Washington Hawaii Nebraska Delaware Kansas Minnesota Idaha Only 37% of students in Nevada graduate from 4-year public institutions with school debt. Nevada Michigan Illinois Missouri District of Columbia Alaska Wyoming New York Indiana Oregon Georgia The unemployment rate for adults 25 to 34 is 10.1%, higher than the rate for all adults. Average income for this age group also dropped 4.4% from 2007 to 2010. New Mexico lowa Maine Ohio Florida Техas Default rates by institution type Alabama Louisiana 15% West Virginia 8.8% Colorado U.S. average Arizona Tennessee 7.3% 4.7% Kentucky Oklahoma Mississippi Private For- Public profit Arkansas Top 10 4-year public schools Top 10 states for defaults, public institutions for defaults: 1. Central State Univ., OH, 22.6% 2. Univ. of Arkansas, Pine Bluff, 21.1% 3. Langston Univ., OK, 20.4% 4. Univ. of Arkansas, Monticello, 20.1% 5. Lincoln Univ., MO, 17.8% 6. West Virginia Univ., 17.7% 7. Daytona State College, FL, 17.3% 8. Oklahoma State Univ. Inst. of Tech., 16.8% 9. Texas Southern Univ., 16.6% 10. Univ. of Hawaii, Maui College, 16.6% Source: U.S. Department of Education, U.S. Department of Labor, Project on Student Debt, U.S. Census Bureau. Stateline.org infographic by Mary Mahling, Carla Uriona, and Ben Wieder Student debt swells, loan defaults grow Student loan default rate Unemployment rate, July 2011 for all public institutions, FY 2009 6% 9% 12% Utah The U.S. average for all student defaults is 8.8% North Dakota Montana Connecticut Vermont A student graduating from a 4-year public institution in New Hampshire leaves school with the most debt in the U.S. on average, $29,700. New Hampshire South Dakota Virginia North Carolina Rhode Island At an average of $14,700, students in California graduate from 4-year public institutions with the lowest amount of school debt in the U.S. California Wisconsin Massachusetts Maryland South Carolina Pennsylvania New Jersey Washington Hawaii Nebraska Delaware Kansas Minnesota Idaha Only 37% of students in Nevada graduate from 4-year public institutions with school debt. Nevada Michigan Illinois Missouri District of Columbia Alaska Wyoming New York Indiana Oregon Georgia The unemployment rate for adults 25 to 34 is 10.1%, higher than the rate for all adults. Average income for this age group also dropped 4.4% from 2007 to 2010. New Mexico lowa Maine Ohio Florida Техas Default rates by institution type Alabama Louisiana 15% West Virginia 8.8% Colorado U.S. average Arizona Tennessee 7.3% 4.7% Kentucky Oklahoma Mississippi Private For- Public profit Arkansas Top 10 4-year public schools Top 10 states for defaults, public institutions for defaults: 1. Central State Univ., OH, 22.6% 2. Univ. of Arkansas, Pine Bluff, 21.1% 3. Langston Univ., OK, 20.4% 4. Univ. of Arkansas, Monticello, 20.1% 5. Lincoln Univ., MO, 17.8% 6. West Virginia Univ., 17.7% 7. Daytona State College, FL, 17.3% 8. Oklahoma State Univ. Inst. of Tech., 16.8% 9. Texas Southern Univ., 16.6% 10. Univ. of Hawaii, Maui College, 16.6% Source: U.S. Department of Education, U.S. Department of Labor, Project on Student Debt, U.S. Census Bureau. Stateline.org infographic by Mary Mahling, Carla Uriona, and Ben Wieder Student debt swells, loan defaults grow Student loan default rate Unemployment rate, July 2011 for all public institutions, FY 2009 6% 9% 12% Utah The U.S. average for all student defaults is 8.8% North Dakota Montana Connecticut Vermont A student graduating from a 4-year public institution in New Hampshire leaves school with the most debt in the U.S. on average, $29,700. New Hampshire South Dakota Virginia North Carolina Rhode Island At an average of $14,700, students in California graduate from 4-year public institutions with the lowest amount of school debt in the U.S. California Wisconsin Massachusetts Maryland South Carolina Pennsylvania New Jersey Washington Hawaii Nebraska Delaware Kansas Minnesota Idaha Only 37% of students in Nevada graduate from 4-year public institutions with school debt. Nevada Michigan Illinois Missouri District of Columbia Alaska Wyoming New York Indiana Oregon Georgia The unemployment rate for adults 25 to 34 is 10.1%, higher than the rate for all adults. Average income for this age group also dropped 4.4% from 2007 to 2010. New Mexico lowa Maine Ohio Florida Техas Default rates by institution type Alabama Louisiana 15% West Virginia 8.8% Colorado U.S. average Arizona Tennessee 7.3% 4.7% Kentucky Oklahoma Mississippi Private For- Public profit Arkansas Top 10 4-year public schools Top 10 states for defaults, public institutions for defaults: 1. Central State Univ., OH, 22.6% 2. Univ. of Arkansas, Pine Bluff, 21.1% 3. Langston Univ., OK, 20.4% 4. Univ. of Arkansas, Monticello, 20.1% 5. Lincoln Univ., MO, 17.8% 6. West Virginia Univ., 17.7% 7. Daytona State College, FL, 17.3% 8. Oklahoma State Univ. Inst. of Tech., 16.8% 9. Texas Southern Univ., 16.6% 10. Univ. of Hawaii, Maui College, 16.6% Source: U.S. Department of Education, U.S. Department of Labor, Project on Student Debt, U.S. Census Bureau. Stateline.org infographic by Mary Mahling, Carla Uriona, and Ben Wieder Student debt swells, loan defaults grow Student loan default rate Unemployment rate, July 2011 for all public institutions, FY 2009 6% 9% 12% Utah The U.S. average for all student defaults is 8.8% North Dakota Montana Connecticut Vermont A student graduating from a 4-year public institution in New Hampshire leaves school with the most debt in the U.S. on average, $29,700. New Hampshire South Dakota Virginia North Carolina Rhode Island At an average of $14,700, students in California graduate from 4-year public institutions with the lowest amount of school debt in the U.S. California Wisconsin Massachusetts Maryland South Carolina Pennsylvania New Jersey Washington Hawaii Nebraska Delaware Kansas Minnesota Idaha Only 37% of students in Nevada graduate from 4-year public institutions with school debt. Nevada Michigan Illinois Missouri District of Columbia Alaska Wyoming New York Indiana Oregon Georgia The unemployment rate for adults 25 to 34 is 10.1%, higher than the rate for all adults. Average income for this age group also dropped 4.4% from 2007 to 2010. New Mexico lowa Maine Ohio Florida Техas Default rates by institution type Alabama Louisiana 15% West Virginia 8.8% Colorado U.S. average Arizona Tennessee 7.3% 4.7% Kentucky Oklahoma Mississippi Private For- Public profit Arkansas Top 10 4-year public schools Top 10 states for defaults, public institutions for defaults: 1. Central State Univ., OH, 22.6% 2. Univ. of Arkansas, Pine Bluff, 21.1% 3. Langston Univ., OK, 20.4% 4. Univ. of Arkansas, Monticello, 20.1% 5. Lincoln Univ., MO, 17.8% 6. West Virginia Univ., 17.7% 7. Daytona State College, FL, 17.3% 8. Oklahoma State Univ. Inst. of Tech., 16.8% 9. Texas Southern Univ., 16.6% 10. Univ. of Hawaii, Maui College, 16.6% Source: U.S. Department of Education, U.S. Department of Labor, Project on Student Debt, U.S. Census Bureau. Stateline.org infographic by Mary Mahling, Carla Uriona, and Ben Wieder Student debt swells, loan defaults grow Student loan default rate Unemployment rate, July 2011 for all public institutions, FY 2009 6% 9% 12% Utah The U.S. average for all student defaults is 8.8% North Dakota Montana Connecticut Vermont A student graduating from a 4-year public institution in New Hampshire leaves school with the most debt in the U.S. on average, $29,700. New Hampshire South Dakota Virginia North Carolina Rhode Island At an average of $14,700, students in California graduate from 4-year public institutions with the lowest amount of school debt in the U.S. California Wisconsin Massachusetts Maryland South Carolina Pennsylvania New Jersey Washington Hawaii Nebraska Delaware Kansas Minnesota Idaha Only 37% of students in Nevada graduate from 4-year public institutions with school debt. Nevada Michigan Illinois Missouri District of Columbia Alaska Wyoming New York Indiana Oregon Georgia The unemployment rate for adults 25 to 34 is 10.1%, higher than the rate for all adults. Average income for this age group also dropped 4.4% from 2007 to 2010. New Mexico lowa Maine Ohio Florida Техas Default rates by institution type Alabama Louisiana 15% West Virginia 8.8% Colorado U.S. average Arizona Tennessee 7.3% 4.7% Kentucky Oklahoma Mississippi Private For- Public profit Arkansas Top 10 4-year public schools Top 10 states for defaults, public institutions for defaults: 1. Central State Univ., OH, 22.6% 2. Univ. of Arkansas, Pine Bluff, 21.1% 3. Langston Univ., OK, 20.4% 4. Univ. of Arkansas, Monticello, 20.1% 5. Lincoln Univ., MO, 17.8% 6. West Virginia Univ., 17.7% 7. Daytona State College, FL, 17.3% 8. Oklahoma State Univ. Inst. of Tech., 16.8% 9. Texas Southern Univ., 16.6% 10. Univ. of Hawaii, Maui College, 16.6% Source: U.S. Department of Education, U.S. Department of Labor, Project on Student Debt, U.S. Census Bureau. Stateline.org infographic by Mary Mahling, Carla Uriona, and Ben Wieder