16 percent of borrowers at 2-year colleges in Florida default on student loans


At Wyotech, 33  percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to the latest disclosure from the U.S. Department of Education.

The data includes two-year public colleges. The Federal Student Aid Office compiles data on schools receiving federal student aid who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year.

In total, 29 two-year institutions based in Florida reported 27,515 students entered repayment on student loans in 2014. And 4,396 – or 15.98 percent, above the national rate of 11.5 percent – defaulted on those loans

Florida 2-year schools with highest default rates

RankSchoolCityNumber of Borrowers in RepayNumber of Borrowers in DefaultDefault Rate (%)
1Wyotech                                                          Ormond Beach        61120032.7
2Southern Technical College                                       Orlando             91326829.3
3Universal Career School                                          Sweetwater          721520.8
4Sullivan And Cogliano Training Centers                           Miami Gardens       76415620.4
5Florida Career College                                           Miami               4,56690819.8
6Fortis College                                                   Orange Park         3997819.5
7Miami Media School                                               Miami               881618.1
8Concorde Career Institute                                        Jacksonville        80714117.4
9Concorde Career Institute                                        Tampa               3756316.8
10Daytona College                                                  Ormond Beach        2995016.7
11Hillsborough Community College                                   Tampa               5,19084216.2
12Florida College Of Natural Health                                Pompano Beach       77011514.9
13Southeastern College                                             West Palm Beach     98614514.7
14Concorde Career Institute                                        Miramar             4146014.4
15Meridian College                                                 Sarasota            1031413.5
16Cambridge College Of Healthcare & Technology                     Delray Beach        1051413.3
17Ultimate Medical Academy                                         Clearwater          9,1781,16912.7
18Praxis Institute                                                 Miami               1882312.2
19City College                                                     Altamonte

Springs   

2643212.1
20Aviator College Of Aeronautical Science

& Technology             

Fort Pierce         53611.3
21Saber College                                                    Miami               1501510.0
22Sunstate Academy                                                 Clearwater          183168.7
23Florida Education Institute                                      Miami               161148.6
24Professional Hands Institute                                     Miami               5147.8
25Advance Science College                                          Hialeah             11886.7
26Miami Ad School                                                  Miami               10854.6
27Taylor College                                                   Belleview           14664.1
28American Medical Academy                                         Miami               3313.0
29Academy For Nursing and Health Occupations                       West Palm Beach     420122.8
Source: U.S. Department of Education Federal Student Aid Office

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