Will County Gazette

Will County Gazette

Sunday, December 15, 2019

Report: 6.3% of The Salon Professional Academy-Shorewood students repaying loans are in default

Schools

By Local Labs News Service | Dec 17, 2018

Collegeclassroom677

Out of 47 The Salon Professional Academy-Shorewood students repaying loans in 2015, 3 were in default, according to the latest disclosure from the U.S. Department of Education.

That gives the proprietary school in Shorewood a default rate of 6.3 percent for that year – 1.2 percentage points higher than in 2014 and 6.2 points lower than in 2013.

The Salon Professional Academy-Shorewood had 0 fewer student in default in 2015 than in 2014 and 3 fewer than in 2013.

How many students are in default at The Salon Professional Academy-Shorewood?
Year
School enrollment
Total students in default
2015
164
3
2014
137
3
2013
97
6

The Salon Professional Academy-Shorewood default rates by year
Year
Students in default
Students in repayment
Default rate
2015
3
47
6.3
2014
3
58
5.1
2013
6
48
12.5

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

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Organizations in this Story

The Salon Professional Academy-Shorewood

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