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Prairie State Wire

Sunday, May 5, 2024

2,614 borrowers in default on student loans after attending private colleges in Illinois

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Columbus College Chicago, DePaul University and Roosevelt University, all based in Chicago, reported the largest share of borrowers at private higher education institutions who defaulted on school loans they started repaying in 2014, according to a Higher Education Tribune analysis of federal data.

The U.S. Department of Education data used in the analysis tracks borrowers at privately controlled schools receiving federal student aid. The 2014 cohort accounts for borrowers who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year.   

Altogether, 75 institutions based in Illinois reported 2,614 borrowers in default. 

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Borrowers in default

SchoolCityBorrowers in Default
Columbia College ChicagoChicago318
DePaul UniversityChicago247
Roosevelt UniversityChicago140
East-West UniversityChicago138
Loyola University ChicagoChicago120
Benedictine UniversityLisle108
Robert Morris University IllinoisChicago90
Lewis UniversityRomeoville82
Concordia UniversityRiver Forest76
National Louis UniversityChicago76
Saint Xavier UniversityChicago74
Aurora UniversityAurora68
Olivet Nazarene UniversityBourbonnais61
Trinity International UniversityDeerfield55
Lincoln CollegeLincoln54
North Park UniversityChicago54
School Of The Art Institute Of ChicagoChicago48
Dominican UniversityRiver Forest43
Mckendree UniversityLebanon43
Millikin UniversityDecatur41
North Central CollegeNaperville40
Rockford UniversityRockford38
Bradley UniversityPeoria36
Northwestern UniversityEvanston36
Quincy UniversityQuincy35
Elmhurst CollegeElmhurst29
University Of Chicago (The)Chicago29
Illinois Institute Of TechnologyChicago28
Macmurray CollegeJacksonville28
Trinity Christian CollegePalos Heights26
University Of St. FrancisJoliet25
Monmouth CollegeMonmouth23
Eureka CollegeEureka22
Greenville UniversityGreenville22
Lake Forest CollegeLake Forest22
Maccormac CollegeChicago22
Judson UniversityElgin18
Blackburn UniversityCarlinville17
Lincoln Christian UniversityLincoln17
Augustana CollegeRock Island16
Illinois CollegeJacksonville12
National University Of Health Sciences (The)Lombard12
Rosalind Franklin University Of Medicine And ScienceNorth Chicago10
Illinois Wesleyan UniversityBloomington8
Methodist CollegePeoria8
National Latino Education InstituteChicago7
Wheaton CollegeWheaton7
Blessing HospitalQuincy6
Graham Hospital School Of NursingCanton6
Knox CollegeGalesburg6
Adler UniversityChicago5
Garrett - Evangelical Theological SeminaryEvanston5
Midwestern UniversityDowners Grove5
Morrison Institute Of TechnologyMorrison5
Rush UniversityChicago5
Spertus College Of JudaicaChicago5
Chicago Ort Technical InstituteSkokie4
John Marshall Law School (The)Chicago4
Lakeview College Of NursingDanville4
Saint Francis Medical Center College Of NursingPeoria4
Trinity College Of Nursing & Health SciencesRock Island4
Resurrection UniversityChicago3
Vandercook College Of MusicChicago3
Institute For Clinical Social WorkChicago2
Lake Forest Graduate School Of ManagementLake Forest2
St. John'S College Of NursingSpringfield2
Catholic Theological Union At ChicagoChicago1
Illinois College Of OptometryChicago1
Lutheran School Of Theology At ChicagoChicago1
Mccormick Theological SeminaryChicago1
Meadville Theological School Of Lombard CollegeChicago1
Chicago Theological SeminaryChicago0
Erikson InstituteChicago0
Hebrew Theological CollegeSkokie0
Saint Anthony College Of NursingRockford0
Source: U.S. Department of Education Federal Student Aid Office

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