Trends Among Borrowers Who Drop Out of College

CHARTS YOU CAN TRUST 2001-2009 DATA SNAPSHOT Trends Among Overall... Borrowers Who +6% +6% Drop Out of College more students borrowed to go to college more students dropped out In the for-profit sector... +11% +24% +20% +9% at for-profit, less-than-four- at for-profit, four-year institutions at for-profit, four-year institutions at for-profit, less-than-four- year institutions year institutions more students borrowed more students to go to college dropped out Compared to borrowers who graduated, borrowers who dropped out between 2003 and 2009... +10% - $5K 4X more likely to default more unemployment less median income www.educationsector.org February 2012 Compiled from Degreeless in Debt: What Happens to Borrowers Who Drop Out.