Mike Brown, LendEdu
The national student loan default rate for the 2017 fiscal year was 9.70%, which is a decrease of 0.40 percentage points from when the student loan default rate was 10.10% for the 2016 fiscal year (last year’s report). Not surprisingly, for-profit institutions had the highest collective student loan default rate (14.70%), followed by public institutions (9.30%), and private institutions (6.70%).
https://lendedu.com/blog/student-loan-default-rates-by-school-state-2020/
