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Colleges Where Graduates Have the Most Difficulty Repaying Student Loans, Especially For-Profit Schools
Florida Career College had the highest nonpayment rate, with 61% of its federal student loan borrowers more than 90 days behind.
More than 440 colleges had nonpayment rates exceeding 40%, while nearly 1,200 had rates above 30%.
Many of the colleges with the highest nonpayment rates are for-profit schools, including several tied to the same parent company.
Student loan borrowers fall behind on their payments for many reasons. But at some colleges, especially for-profit chains, more than half of student loan borrowers have fallen behind on their debt.
The nonpayment rate by institution tracks the number of federal student loan borrowers who entered repayment since January 2020 and are more than 90 days behind on their payments. The Department of Education groups borrowers by the institutions the borrowers attended.
25 colleges where students graduate with high federal debt
It's back-to-school season and that means that some bright-eyed college freshmen and their proud families are getting ready to shell out six figures to attend their dream schools.
Tuition prices have soared in recent decades, even as Americans have grown more skeptical of the value of a four-year degree.
Still, there's a significant number of young adults in college. In 2024, 19.28 million students were enrolled in college, down from the peak of 21 million in 2010, per the Education Data Initiative.
For some of those students, pursuing a degree was only possible by taking out loans, either federal or private.
Business Insider used the Department of Education's College Scorecard to identify the 25 universities whose students graduate with the highest median federal debt.
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