WV has second-highest student loan default rate in nation
by Jake Jarvis, WV Gazette-Mail
Of the more than 57,000 West Virginians who started to repay their federal student loans in the 2012-13 fiscal year, 8,035 have since fallen into default, according to data released this week by the U.S. Department of Education.
West Virginia's 16.2 percent rate of students defaulting is the second highest in the nation, although the state's rate actually fell from last year's 18.2 percent. Only New Mexico has a higher default rate this year than the Mountain State, with 18.9 percent of its students defaulting. In 2015, West Virginia ranked third highest in the nation.
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