LECOM Ranks at the Top for
Lowest Loan Default Rate
The Lake Erie College of Osteopathic Medicine (LECOM) has been recognized in LendEDU's Annual Report on Student Loan Default Rates for having one of the lowest default rates not only in Pennsylvania, but throughout the entire United States. LendEDU is a respected online marketplace offering a variety of financial products, including student loans, personal loans, and credit cards.
This praiseworthy attainment is not only valuable information for prospective students; moreover it underscores the wholly studentcentered pledge that LECOM has honored time and again.
supports, and advances its scholars throughout each stage of their training as they acquire and apply the necessary, wellinformed knowledge and skills that prepare them to be the best healthcare practitioners of the 21st century.
As evidenced by these rankings, the LECOM mission strenuously values, underscores,
Specifically, the default rate at LECOM was 0.40%, according to the most recent data from the Department of Education. The figure placed LECOM in the category of one of the lowest student default rates in Pennsylvania. Nationally, the exceptionally low default rate at LECOM placed the college in the 90th percentile. During a time whenh student loan debt is higher than ever before, LECOM has become renowned for creating an environment in which the burden of student loan debt repayment is far less than that of almost every other college in the nation. With data provided by the United States Department of Education, LendEDU lists the default rates for nearly 4,500 colleges across the country. The data was delineated by state and school type.
“With manageable student loan debt, our graduates are able to afford their loan payments without feeling completely overwhelmed by the financial burden of their debt, ultimately avoiding the damaging effects of student loan default.” – Bonnie Crilley, LECOM Institutional Director of Financial Aid
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