Education Statistics

Student Loan default rates for ITT Technical Institute [1]

		TWO-YEAR COHORT DEFAULT RATE				TRIAL THREE-YEAR COHORT DEFAULT RATE
City	State	# Enrolled	# In Default	# In Repayment	2 Year Default Rate	# In Default	# In Repayment	3 Year Default Rate
Tempe	AZ	1,551	135	926	14.5%	253	926	27.3%
Tucson	AZ	970	69	522	13.2%	125	522	23.9%
Rancho Cordova	CA	1,263	39	410	9.5%	79	410	19.2%
San Dimas	CA	1,803	86	753	11.4%	177	751	23.5%
San Diego	CA	2,117	58	587	9.8%	117	585	20.0%
Sylmar	CA	1,542	79	732	10.7%	162	732	22.1%
Anaheim	CA	1,688	37	375	9.8%	73	373	19.5%
San Bernardino	CA	2,300	57	581	9.8%	134	580	23.1%
Torrance	CA	1,642	84	661	12.7%	194	663	29.2%
Thornton	CO	1,389	101	819	12.3%	224	819	27.3%
Tampa	FL	1,143	135	1,262	10.6%	296	1,257	23.5%
Lake Mary	FL	908	132	981	13.4%	264	983	26.8%
Boise	ID	963	71	631	11.2%	147	630	23.3%
Newburgh	IN	710	184	1,928	9.5%	431	1,935	22.2%
Indianapolis	IN	5,544	338	3,262	10.3%	682	3,258	20.9%
Fort Wayne	IN	1,185	131	1,340	9.7%	285	1,340	21.2%
Wyoming	MI	1,129	166	1,466	11.3%	362	1,471	24.6%
Earth City	MO	1,517	174	1,337	13.0%	355	1,337	26.5%
Dayton	OH	847	96	738	13.0%	196	739	26.5%
Youngstown	OH	1,042	127	851	14.9%	234	853	27.4%
Portland	OR	1,469	86	658	13.0%	161	656	24.5%
Nashville	TN	1,663	153	1,245	12.2%	335	1,244	26.9%
Knoxville	TN	1,397	205	1,514	13.5%	413	1,511	27.3%
Arlington	TX	1,196	84	681	12.3%	190	680	27.9%
San Antonio	TX	1,384	69	453	15.2%	137	453	30.2%
Murray	UT	1,331	97	894	10.8%	199	892	22.3%
Seattle	WA	1,197	63	671	9.3%	145	672	21.5%
Spokane Valley	WA	737	52	473	10.9%	87	475	18.3%
Greenfield	WI	1,408	111	974	11.3%	230	975	23.5%

State College Tuition Rates [2]

Average College Prices 2009-10	But Did You Know That...
Private four-year $26,273 (up 4.4 percent from last year) Public four-year $7,020 (up 6.5 percent from last year)	About 19 percent of students enrolled in private four-year colleges attend institutions that charge tuition and fees below $18,000. 32 percent of full-time students enrolled in public four-year colleges and universities attend institutions that charge tuition and fees between $3,000 and $6,000. While private four-year institutions have a much wider range of tuition and fee charges, only about 20 percent of all students attend colleges with tuition and fees totaling $36,000 or higher per year.
Public two-year $2,544 (up 7.3 percent from last year)	31 percent of all full-time students attend public two-year colleges.
Students will pay, on average, from $377 to $420 more than last year for this year's room and board, depending on the type of college. The average surcharge in for full-time out-of-state students at public four-year institutions is $11,528.	More than $168 billion in financial aid is available to students and their families. About two-thirds of all full-time undergraduate students receive grant aid. In 2009-10, estimated aid in the form of grants and tax benefits averaged about $3,000 per student at public two-year colleges, about $5,400 at public four-year colleges, and about $14,400 per student at private four-year colleges.

2008 ITT Technical Institute Tuition* [3]

Degree	Length	Degree	Total Cost
Computer and Electronics Engineering Technology	24 mos/ 96 credits	AST Degree	$ 44,928
Computer Drafting and Design	24 mos/96 credits	AST Degree	$ 44,928
Information Technology: Computer Network Systems	24 mos/ 96 credits	AST Degree	$ 44,928
Information Technology: Multimedia	24 mos/ 96 credits	AST Degree	$ 44,928
Information Technology: Software Applications and Programming	24 mos/96 credits	AST Degree	$ 44,928
Business Administration	24 mos/ 96 credits	Diploma	$ 44,928
Criminal Justice	24 mos/96 credits	Diploma	$ 44,928

* The figures above are from November 2008, each school may have additional tuition costs and may be different depending on the ITT campus or program.

"Forty-three percent of proprietary college students took out private loans in 2007-08, up from 15% in 2003-04, according to an analysis of federal data by the group Education Sector. Over the same period, the proportion of students at for-profit colleges borrowing at least $40,000 nearly tripled to 30%, according to Mark Kantrowitz of the web site finaid.org. Those figures are worrisome because, on average, for-profit colleges have lower graduation rates and higher loan default rates than other schools. ....ITT said last month its lending grew significantly last quarter and would total $75 million this year. Career Education said its current balance of $31 million could grow to $50 million by [the end of 2009]" [4]

Student Loan default rates for ITT Technical Institute [1]

TWO-YEAR COHORT DEFAULT RATE

TRIAL THREE-YEAR COHORT DEFAULT RATE

City

State

# Enrolled

# In Default

# In Repayment

2 Year Default Rate

# In Default

# In Repayment

3 Year Default Rate

Tempe

AZ

1,551

135

926

14.5%

253

926

27.3%

Tucson

AZ

970

69

522

13.2%

125

522

23.9%

Rancho Cordova

CA

1,263

39

410

9.5%

79

410

19.2%

San Dimas

CA

1,803

86

753

11.4%

177

751

23.5%

San Diego

CA

2,117

58

587

9.8%

117

585

20.0%

Sylmar

CA

1,542

79

732

10.7%

162

732

22.1%

Anaheim

CA

1,688

37

375

9.8%

73

373

19.5%

San Bernardino

CA

2,300

57