In LendEDU’s second annual report on student loan default rates, New College was recognized for having one of the lowest default rates in Florida (and the country).
Specifically, the default rate at New College was 2.9 percent, according to the most recent data from the Department of Education. This rate ranked #21 in Florida and #665 in the entire country when ranking default rates from lowest to highest.
New College is now known for creating an environment in which the burden of student loan debt repayment is much less compared to almost every other campus in the country.
LendEDU is an online marketplace for financial products like student loans.
To read the full report, visit lendedu.com/blog/student-loan-default-rates-by-school-state-2020/