The University of Tulsa has been recognized for its low student loan default rate, according to a January report released by the website Student Loan Report. The ranking, No. 2 in Oklahoma, is based on the federal student loan default rates of more than 4,500 schools nationwide, provided by the U.S. Department of Education.
TU’s 2.92 percent default rate is a reflection of the university’s high graduation/placement rate along with alumni who receive one of the highest paid salary averages in the region. The default rate covers TU undergraduate, graduate and law students.
“Our students successfully pay back the loans they incur while obtaining their TU degrees,” said Vicki Hendrickson, student financial services director. “This speaks very highly of how responsible our students are with indebtedness.”
TU is consistently recognized for its ability to transition students successfully from the classroom to the workplace. The Office of Career Services reports nine out of 10 spring 2016 graduates obtained employment or advanced to graduate school within six months of graduation. Learn more at https://studentloans.net/default-rates/.