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South Central Reporter

Monday, May 13, 2024

Report: 17.6% of Tri County Beauty Academy students repaying loans are in default

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Out of 34 Tri County Beauty Academy students repaying loans in 2015, 6 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Litchfield a default rate of 17.6 percent for that year – 7.4 percentage points lower than in 2014 and 10.9 points lower than in 2013.

Tri County Beauty Academy had 3 fewer students in default in 2015 than in 2014 and 6 fewer than in 2013.

How many students are in default at Tri County Beauty Academy?
Year
School enrollment
Total students in default
2015
28
6
2014
33
9
2013
35
12

Tri County Beauty Academy default rates by year
Year
Students in default
Students in repayment
Default rate
2015
6
34
17.6
2014
9
36
25.0
2013
12
42
28.5

Source for all tables: U.S. Department of Education

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