15 percent of borrowers at 2-year colleges in New York default on student loans


At Elmira Business Institute, 26  percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to the latest disclosure from the U.S. Department of Education.

The data includes two-year public colleges. The Federal Student Aid Office compiles data on schools receiving federal student aid who entered repayment on selected federal loans in the given fiscal year and defaulted before the end of the second fiscal year.

In total, 57 two-year institutions based in New York reported 59,437 students entered repayment on student loans in 2014. And 9,114 – or 15.33 percent, above the national rate of 11.5 percent – defaulted on those loans

New York 2-year schools with highest default rates

RankSchoolCityNumber of Borrowers in RepayNumber of Borrowers in DefaultDefault Rate (%)
1Elmira Business Institute                                        Elmira              3378625.5
2Suny Fulton-Montgomery Community College                         Johnstown           90019621.7
3Mohawk Valley Community College - Suny Office Of Community CollegUtica               2,07444221.3
4Cayuga Community College - Suny Office

of Community College      

Auburn              1,46430821.0
5Schenectady County Community College                             Schenectady         1,44129620.5
6Corning Community College - Suny Office

of Community Colleges    

Corning             1,33125419.0
7Sullivan County Community College

- Suny Office Of Community Coll

Loch Sheldrake      4518418.6
8Allen School                                                     Jamaica             1,44226618.4
9Onondaga Community College                                       Syracuse            2,82452118.4
10Monroe Community College                                         Rochester           5,10392218.0
11North Country Community College                                  Saranac Lake        5059118.0
12Adirondack Community College - Suny

Office of Community Colleges 

Queensbury          95416917.7
13Tompkins Cortland Community College                              Dryden              1,30822517.2
14Clinton Community College - Suny Office

of Community Colleges    

Plattsburgh         5759817.0
15Jamestown Community College                                      Jamestown           93616017.0
16Suny Broome Community College                                    Binghamton          1,81230816.9
17Finger Lakes Community College - Suny Office Of Community CollegeCanandaigua         1,86131316.8
18Columbia - Greene Community College - Suny Office Of Cmnty CollegHudson              3776316.7
19Dutchess Community College                                       Poughkeepsie        1,43023716.5
20Ulster County Community College                                  Stone Ridge         4827916.3
21Niagara County Community College                                 Sanborn             1,49023415.7
22Island Drafting & Technical Institute                            Amityville          51815.6
23Erie Community College                                           Buffalo             3,38052215.4
24Orange County Community College                                  Middletown          1,06516115.1
25Herkimer County Community College

- Suny Office Of Community Coll

Herkimer            1,19718015.0
26Cuny Borough Of Manhattan Community College                      New York            1,80326914.9
27Jefferson Community College                                      Watertown           97114414.8
28Genesee Community College                                        Batavia             1,28618814.6
29Suny Westchester Community College                               Valhalla            1,19716713.9
30Mildred Elley                                                    Albany              1,21516813.8
31Kingsborough Commmunity College/Cuny                             Brooklyn            98613213.3
32Rockland Community College                                       Suffern             5987712.8
33Technical Career Institutes                                      New York            2,51931912.6
34Hudson Valley Community College                                  Troy                2,85734312.0
35Mandl School                                                     New York            6577711.7
36American Academy Of Dramatic Arts                                New York            1381611.5
37Cuny Laguardia Community College                                 Long Island City    6757811.5
38Queensborough Community College-Cuny                             Bayside             6697711.5
39New York Conservatory for Dramatic Arts                   New York            1251411.2
40Cuny, Hostos Community College                                   Bronx               4084410.7
41Cuny Bronx Community College                                     Bronx               6927310.5
42Suffolk County Community College                                 Selden              3,2833279.9
43Wood Tobe - Coburn School                                        New York            315319.8
44Nassau Community College                                         Garden City         2,3262229.5
45St. Paul'S School Of Nursing                                     Staten Island       374349.0
46Long Island Business Institute                                   Flushing            9588.4
47Swedish Institute                                                New York            302258.2
48Samaritan Hospital School Of Nursing                             Troy                7057.1
49St. Paul'S School Of Nursing                                     Rego Park           306206.5
50Cochran School Of Nursing Saint John'S Riverside Hosp            Yonkers             4736.3
51Ellis Medicine, The Belanger School Of Nursing                   Schenectady         5036.0
52American Academy Mcallister Institute                            New York            15795.7
53Geneva General Hospital                                          Geneva              9055.5
54Saint Joseph'S College Of Nursing At St Joseph'S Hospital Health Syracuse            13664.4
55Bill And Sandra Pomeroy College

of Nursing At Crouse Hospital    

Syracuse            14642.7
56Memorial College Of Nursing                                      Albany              5111.9
57Saint Elizabeth Medical Center                                   Utica               10321.9
Source: U.S. Department of Education Federal Student Aid Office

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