Missouri Student Loan Default Rate Increases

8 years 8 months 1 week ago Friday, September 16 2011 Sep 16, 2011 Friday, September 16, 2011 5:27:00 AM CDT September 16, 2011 in News
By: The Associated Press

JEFFERSON CITY - More Missourians are defaulting on their student loans.

The Department of Higher Education says Missouri's default rate rose from 5.8 percent in 2008 to 7.6 percent in 2009. However, officials say the default rate in Missouri was less than the national average of 8.8 percent.

The department says more than 84,000 people in Missouri were paying back student loans, with about 6,500 in default. Those figures count borrowers whose first loan payments were due between October 2008 and September 2009 and who stopped making payments by the end of last September.

More News

Grid
List
COLUMBIA - The city of Columbia will not be collecting residential recycling curbside the week of May 25 after Columbia/Boone... More >>
1 day ago Wednesday, May 27 2020 May 27, 2020 Wednesday, May 27, 2020 6:33:00 PM CDT May 27, 2020 in News
FULTON - Three people were arrested on drug charges after a narcotics search occurred at 1504 Monroe Street in Fulton.... More >>
1 day ago Wednesday, May 27 2020 May 27, 2020 Wednesday, May 27, 2020 6:31:16 PM CDT May 27, 2020 in News
JEFFERSON CITY - At his daily COVID-19 press briefing, Governor Mike Parson announced that Missouri has so far been exceeding... More >>
1 day ago Wednesday, May 27 2020 May 27, 2020 Wednesday, May 27, 2020 4:06:00 PM CDT May 27, 2020 in News
BOONVILLE - The City of Boonville relies heavily on their summer tourism season with attractions like the Katy Trail, Isle... More >>
1 day ago Wednesday, May 27 2020 May 27, 2020 Wednesday, May 27, 2020 2:57:00 PM CDT May 27, 2020 in News
COLUMBIA —Americans are finally sending their own up to space again. When SpaceX's postponed rocket launch finally lifts off on... More >>
1 day ago Wednesday, May 27 2020 May 27, 2020 Wednesday, May 27, 2020 2:45:00 PM CDT May 27, 2020 in News
COLUMBIA - Two 16-year-olds are being held on arson charges in connection to a May 11 fire at the Flanders... More >>
1 day ago Wednesday, May 27 2020 May 27, 2020 Wednesday, May 27, 2020 2:20:00 PM CDT May 27, 2020 in News
COLUMBIA - An employee at the Forum Boulevard location of Schnucks has tested positive for COVID-19, according to a company... More >>
1 day ago Wednesday, May 27 2020 May 27, 2020 Wednesday, May 27, 2020 1:59:00 PM CDT May 27, 2020 in News
CAPE CANAVERAL, Fla. (AP) — The launch of a SpaceX rocket ship with two NASA astronauts on a history-making flight... More >>
1 day ago Wednesday, May 27 2020 May 27, 2020 Wednesday, May 27, 2020 12:02:00 PM CDT May 27, 2020 in News
As COVID-19 spreads, KOMU 8 will continue to update you about the impacts on the community. You can find... More >>
2 days ago Wednesday, May 27 2020 May 27, 2020 Wednesday, May 27, 2020 6:57:00 AM CDT May 27, 2020 in News
COLUMBIA – The messy weather pattern we’ve been in is about to head east and we’ll be left with cooler... More >>
2 days ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 9:57:00 PM CDT May 26, 2020 in Weather
LAKE OF THE OZARKS —After videos of a crowded Lake of the Ozarks bar went viral over Memorial Day weekend,... More >>
2 days ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 9:45:58 PM CDT May 26, 2020 in News
COLUMBIA - With schools closed and after school programs cancelled because of the COVID-19 pandemic, the community has gotten creative... More >>
2 days ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 9:37:00 PM CDT May 26, 2020 in News
CALLAWAY COUNTY — Deputies from the Callaway County Sheriff's Office arrested an 18-year-old from Tebbetts on Monday. Just after... More >>
2 days ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 9:03:11 PM CDT May 26, 2020 in News
JEFFERSON CITY — Some elementary and middle schools in Jefferson City will be holding drive-through celebrations for students. ... More >>
2 days ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 8:49:00 PM CDT May 26, 2020 in News
COLUMBIA —A formal plea of not guilty in the murder of Mengqi Ji was filed on behalf of Joseph... More >>
2 days ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 8:22:00 PM CDT May 26, 2020 in News
JEFFERSON CITY - Gov. Mike Parson announced Tuesday that Missouri voters will see the constitutional amendment to expand Medicaid eligibility... More >>
2 days ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 8:03:00 PM CDT May 26, 2020 in News
TOPEKA, Kan. (AP) — The top health official in Kansas on Tuesday urged Kansans who joined large gatherings at Missouri's... More >>
2 days ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 6:49:56 PM CDT May 26, 2020 in News
MISSOURI - Missouri is moving into a new phase of COVID-19 reopening that will implement a new set of guidelines... More >>
2 days ago Tuesday, May 26 2020 May 26, 2020 Tuesday, May 26, 2020 5:44:00 PM CDT May 26, 2020 in News
Columbia, MO
Broken Clouds 60°
8am 62°
9am 64°
10am 67°
11am 71°