MCC student loan default rate dramatically drops, now beats national average
MOHAVE COUNTY – Mohave Community College students are proving to be fiscally responsible, helping cut the college student loan default rate in half. The most recently available figures show the 2016 fiscal year cohort default rate for MCC is 14.8%, which is below the national average of 15.9% for two-year public institutions. The college’s rate has continuously dropped since 2010 when it was 32.7%. Much of the credit for the dramatic rate drop can be found inside the MCC Financial Aid Office. Employees have been working diligently to make sure students are financially literate, which includes keeping them informed of…
