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The 5-year default rate of Strayer students is 31%, and the average repayment of debt after five years is -7%. [81] According to the College Scorecard , Strayer University's 8-year graduation rate varies from 3% (Arkansas) to 26% (Virginia), depending on the campus. [ 82 ]
As of 2021, approximately 7.8 million Americans from 18 to 25 carry student loan debt, with an average balance of almost $15,000. [64] For adults between the ages of 35 and 49, the average individual balance owed exceeded $42,000. The average debt for adults between 50 and 61 is slightly lower.
Strayer's high default rate among its students is a much easier story to write about. There are multiple sources on the bottom of the new draft section in talk. 72.196.199.168 ( talk ) 19:07, 9 August 2012 (UTC)
In 2018, the National Center for Education Statistics reported that the 12-year student loan default rate for-profit colleges was 52 percent. [43] The 12-year student loan default rate for African Americans going to for-profit colleges was reported to be 65.7 percent. [44] Decline in enrollment, revenues, and employees (2010 and 2017)
Strategic Education, Inc. Strategic Education, Inc. (SEI) is an education services holding company and is formerly known as Strayer Education, Inc. The company owns for-profit, online Capella University and Strayer University, as well as non-degree programs schools such as DevMountain, Hackbright Academy, and Sophia Learning. [2]
Comprehensive Master's Institution. Erie Institute of Technology. Millcreek Township, Erie County. Associate's Technical School. Fortis Institute. Fairview Township, Erie County (Erie Campus) Swoyersville (Forty Fort Campus) Scranton (Scranton Campus) Associate's Health & Business School.
Cohort default rate. A cohort default rate (CDR) is an accountability metric for US colleges that are eligible for federal Pell Grants and student loans. It measures the percentage of a school's borrowers who enter repayment on federal student loans during a federal fiscal year (October 1 to September 30) and default in the next three years. [1]
For-profit colleges have frequently offered career-oriented curricula including culinary arts, business and technology (including coding bootcamps ), and health care. These institutions have a long history in the US, and grew rapidly from 1972 to 2009, fueled by government funding and corporate investment. [ 30]