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

At Ellsworth Community College, 255  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, 17 two-year institutions based in Iowa reported 30,432 students entered repayment on student loans in 2014. And 5,650 – or 18.57 percent, above the national rate of 11.5 percent – defaulted on those loans

Iowa 2-year schools with highest default rates

RankSchoolCityNumber of Borrowers in RepayNumber of Borrowers in DefaultDefault Rate (%)
1Ellsworth Community College                                      Iowa Falls          41010124.6
2Vatterott College                                                Des Moines          1,28930723.8
3Iowa Western Community College                                   Council Bluffs      2,40053822.4
4Southeastern Community College                                   West Burlington     84518822.2
5Iowa Central Community College                                   Fort Dodge          2,28149321.6
6Marshalltown Community College                                   Marshalltown        58012020.6
7Indian Hills Community College                                   Ottumwa             1,86537920.3
8Western Iowa Tech Community College                              Sioux City          1,58131119.6
9Southwestern Community College                                   Creston             5019619.1
10Eastern Iowa Community

College District                          

Davenport           1,87735018.6
11Des Moines Area Community College                                Ankeny              5,6171,04018.5
12North Iowa Area Community College                                Mason City          93615516.5
13Northeast Iowa Community College                                 Calmar              1,44523416.1
14Hawkeye Community College                                        Waterloo            2,31036515.8
15Iowa Lakes Community College                                     Estherville         93314415.4
16Kirkwood Community College                                       Cedar Rapids        5,20579315.2
17Northwest Iowa Community College                                 Sheldon             3573610.0
Source: U.S. Department of Education Federal Student Aid Office

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