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State Rankings: 3-Year Official Cohort Student Loan Default Rates

Calculated July 26, 2014
Ranking State Number of Schools Number of Borrowers in Default Number of Borrowers entered repayment Default Rate
1 North Dakota 24 887 14,319 6.10%
2 Nebraska 47 2,260 29,191 7.70%
3 Massachusetts 169 7,871 96,751 8.10%
4 New Hampshire 41 1,735 20,638 8.40%
5 Vermont 29 1,001 11,535 8.60%
6 Wisconsin 91 8,441 84,427 9.90%
7 Virginia 117 9,945 98,926 10.00%
8 Hawaii 23 808 7,945 10.10%
9 New York 405 27,881 274,108 10.10%
10 Rhode Island 21 2,342 22,364 10.40%
11 Montana 24 1,367 12,938 10.50%
12 New Hampshire 126 8,741 82,185 10.60%
13 Connecticut 74 4,783 43,732 10.90%
14 Kansas 83 5,428 48,679 11.10%
15 Maryland 81 7,109 63,027 11.20%
16 District of Columbia 23 4,908 42,680 11.40%
17 Utah 49 5,464 47,901 11.40%
18 Delaware 17 1,194 10,320 11.50%
19 Pennsylvania 335 25,980 222,937 11.60%
20 South Dakota 23 2,132 17,935 11.80%
21 Washington 103 7,928 66,877 11.80%
22 Minnesota 107 17,544 146,031 12.00%
23 North Carolina 124 9,942 79,900 12.40%
24 Louisiana 81 6,991 55,108 12.60%
25 Missouri 166 12,503 98,940 12.60%
26 California 585 51,676 405,420 12.70%
27 Maine 38 2,301 17,958 12.80%
28 Idaho 30 2,910 22,138 13.10%
29 Illinois 244 28,657 218,078 13.10%
30 Alaska 10 877 6,429 13.60%
31 South Carolina 76 7,634 55,608 13.70%
32 Tennessee 127 11,588 84,412 13.70%
33 Alabama 62 10,662 74,624 14.20%
34 Wyoming 10 1,274 8,916 14.20%
35 Oregon 75 9,296 64,909 14.30%
36 Michigan 138 25,082 173,447 14.40%
37 Georgia 131 18,332 126,041 14.50%
38 Colorado 105 15,559 101,540 15.30%
39 Florida 311 39,678 256,575 15.40%
40 Indiana 115 20,987 134,576 15.50%
41 Nevada 26 2,481 15,883 15.60%
42 Oklahoma 87 8,163 51,665 15.70%
43 Arkansas 65 5,922 37,355 15.80%
44 Texas 303 43,654 273,285 15.90%
45 Mississippi 43 6,425 39,304 16.30%
46 Virgin Islands 1 47 285 16.40%
47 Ohio 256 35,727 213,933 16.70%
48 Iowa 87 19,633 112,933 17.30%
49 Kentucky 87 11,706 66,701 17.50%
50 West Virginia 58 6,693 36,686 18.20%
51 Arizona 95 68,716 372,909 18.40%
52 New Mexico 30 4,321 20,734 20.80%
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