Each year, the U.S. Department of Education releases official three-year cohort default rates for post-secondary schools. This indicates the percentage of student loan borrowers who enter repayment on select loans during a particular fiscal year and default prior to the end of the following fiscal year.
For the most recent cohort of student loan borrowers, the DISD default rate was 1.6 percent. This rate reflects the institution’s focused and personalized efforts to help our students make sound financial decisions. Additionally, DISD’s low cohort default rate is evidence that DISD graduates are financially capable of repaying federal loans secured to finance their college education.
More information about student loan default rates can be found on the Department of Education website.
Students Borrowing Money
- 74% of DISD students borrow money to pay for their education
- The typical DISD graduate leaves with $28,650 in debt
- The typical monthly loan payment for a DISD graduate is $286 per month in student loans with 3.76% interest rate
This data is reported to the U.S. Department of Education. Additional student loan and employment information for DISD graduates can be found in the Gainful Employment Data Disclosure and the School Performance Fact Sheet.