Home > News > Study: KY ranks fifth in student default rates
By Kyeland Jackson —
Many of the Commonwealth’s students cannot pay their loans, ranking Kentucky fifth in national student default rates.
A new report by LendEDU details the findings, dividing student debt averages and percentages by states, districts and representatives. States surrounding Kentucky, except West Virginia, averaged lower default rates for their students. A default means students have not made payments toward student loans within a year.
Freshmen McKena Alford and Riley Penhorwood withdraw student loans, anticipating thousands in debt when they graduate.