Florida private colleges, universities report 17.22 percent default rate on student loans


At Wyotech in Ormond Beach, 32.7 percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to a Higher Education Tribune analysis of the latest disclosure from the U.S. Department of Education.

The analysis uses data that tracks borrowers at publicly controlled colleges and universities 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, 49 institutions based in Florida had 102,668 borrowers in repayment in the 2014 cohort. And 17,678 of them were in default – a default rate of 17.22 percent, which is above the national rate of 11.5 percent.

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Default rate

School CityBorrowers in defaultBorrowers in repaymentDefault rate (%)
WyotechOrmond Beach20061132.7
Everest UniversityTampa113653552531.9
Edward Waters CollegeJacksonville9137324.3
Trinity Baptist CollegeJacksonville188221.9
Warner UniversityLake Wales7743017.9
Webber International UniversityBabson Park6235517.4
Bethune Cookman UniversityDaytona Beach243144016.8
Florida Memorial UniversityMiami Gardens11167716.3
Hodges UniversityNaples207136615.1
Keiser UniversityFort Lauderdale14931076213.8
Trinity College Of FloridaTrinity118512.9
Everglades UniversityBoca Raton7559012.7
Ultimate Medical AcademyClearwater1169917812.7
International Training CareersMiami3226112.2
Beacon CollegeLeesburg86612.1
City CollegeAltamonte Springs3226412.1
City CollegeFort Lauderdale122101512.0
South Florida Bible College And Theological SeminaryDeerfield Beach43511.4
Florida Institute Of TechnologyMelbourne359335010.7
Ave Maria UniversityAve Maria2827710.1
Jones CollegeJacksonville3130410.1
Saber CollegeMiami1515010.0
Saint Leo UniversitySaint Leo47955888.5
Baptist College Of Florida (The)Graceville111318.3
Southeastern UniversityLakeland678547.8
Barry UniversityMiami Shores24031667.5
Florida CollegeTemple Terrace131847.0
Saint Thomas UniversityMiami Gardens588227.0
Flagler CollegeSaint Augustine679716.9
Ringling College Of Art & DesignSarasota203096.4
Jacksonville UniversityJacksonville7912856.1
Lynn UniversityBoca Raton213506.0
Eckerd CollegeSaint Petersburg315225.9
Embry-Riddle Aeronautical UniversityDaytona Beach17730355.8
Adventist University Of Health SciencesOrlando437845.4
Hobe Sound Bible CollegeHobe Sound4745.4
Palm Beach Atlantic UniversityWest Palm Beach529875.2
Rollins CollegeWinter Park367105.0
Florida Southern CollegeLakeland296664.3
Stetson UniversityDeland4310034.2
Atlantic Institute Of Oriental MedicineFort Lauderdale2484.1
Florida School Of Traditional MidwiferyGainesville2504.0
Dragon Rises College Of Oriental MedicineGainesville2513.9
Nova Southeastern UniversityFort Lauderdale31088053.5
University Of Tampa (The)Tampa5616403.4
Academy For Five Element AcupunctureGainesville1313.2
Academy For Nursing And Health OccupationsWest Palm Beach124202.8
University Of MiamiCoral Gables6728152.3
Ave Maria School Of LawNaples31711.7
Source: U.S. Department of Education

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