KSU below national average on student−loan default rate

The U.S. Department of Education recently released the student loan default rates. While the…

Georgia (Oct 23, 2002) — KSU below national average on student−loan default rate

Karen Kennedy

Abstract

The U.S. Department of Education recently released the student loan default rates. While the national rate remained historically low −− 5.9 percent for FY 2000‚ the rate for KSU graduates was even lower −− 3.6 percent for FY 2000‚ the last year of available figures.



"Several factors contribute to this low default rate‚" said Dr. Terry L. Faust‚ director of student financial aid. "KSU students are graduating from very marketable academic programs and finding good−paying jobs. Also‚ the Office of Student Financial Aid has instituted loan counseling programs over the Web that help explain to students the dangers in defaulting on student loans." For more information about financial aid available at Kennesaw State‚ go to: http://www.kennesaw.edu/financial_aid/.



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Kennesaw State University is a comprehensive‚ residential institution with a growing student population of 15‚600 from 118 countries. The fifth largest out of 34 institutions in the University System of Georgia‚ KSU offers 55 undergraduate and graduate degree programs.



 

A leader in innovative teaching and learning, Kennesaw State University offers undergraduate, graduate and doctoral degrees to its nearly 43,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the country and the world. Kennesaw State is a Carnegie-designated doctoral research institution (R2), placing it among an elite group of only 6 percent of U.S. colleges and universities with an R1 or R2 status. For more information, visit kennesaw.edu

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