Undergraduates struggle to repay their debt three years after college
Borrowers from for-profit institutions are the most likely to have loans in default
US Department of Education, February 2022 release of 2019-20 institutional data from the College Scorecard.
This graph reports the share of undergraduate federal student loan borrowers three years into repayment in each sector. This graph does not include Parent PLUS or private student loans. Discharged loans are forgiven by setting the borrower's remaining debt balance to zero without further payment necessary, while loans that are "paid in full" have had their full balance owed repaid by the borrower.
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