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Colleges With The HIGHEST Loan Default Rates (PHOTOS)

07/13/2010 08:44 am ET | Updated May 25, 2011

According to previously unpublished Education Department data obtained by the Chronicle of Higher Education, loan default rates among students are staggering: one out of five government loans that has gone into repayment in the last 15 years has entered default, and at some schools, more than 40 percent of students fail to repay loans. Defaulting carries great consequences for borrowers, including increased difficulty in procuring other loans (car, home, etc.) and an ineligibility for additional federal aid.

Following are the 10 schools with the highest borrower default rates, according to the most recent data. See the Chronicle for the full list.

Colleges with the HIGHEST Loan Default Rates (PHOTOS)
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