19 percent of borrowers at 2-year colleges in Wisconsin default on student loans

At Nicolet Area Technical College, 28  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, 16 two-year institutions based in Wisconsin reported 29,618 students entered repayment on student loans in 2014. And 5,680 – or 19.18 percent, above the national rate of 11.5 percent – defaulted on those loans

Wisconsin 2-year schools with highest default rates

RankSchoolCityNumber of Borrowers in RepayNumber of Borrowers in DefaultDefault Rate (%)
1Nicolet Area Technical College                                   Rhinelander         41911727.9
2Gateway Technical College                                        Kenosha             2,71268925.4
3Milwaukee Area Technical College                                 Milwaukee           6,6741,54523.1
4Milwaukee Career College                                         Milwaukee           2394820.0
5Blackhawk Technical College                                      Janesville          1,18922819.1
6Northeast Wisconsin Technical College                            Green Bay           2,46046819.0
7Fox Valley Technical College                                     Appleton            2,65750118.8
8Mid-State Technical College                                      Wisconsin Rapids    93116717.9
9Waukesha County Technical College                                Pewaukee            1,57428117.8
10Madison Area Technical College                                   Madison             3,80763116.5
11Western Technical College                                        La Crosse           1,55525616.4
12Chippewa Valley Technical College                                Eau Claire          2,12931814.9
13Lakeshore Technical College                                      Cleveland           6749413.9
14Moraine Park Technical College                                   Fond Du Lac         96512713.1
15Southwest Wisconsin Technical College                            Fennimore           5246913.1
16Wisconsin Indianhead Technical College                           Shell Lake          1,10914112.7
Source: U.S. Department of Education Federal Student Aid Office

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