HUNTINGTON, IN JANUARY 13, 1997 --- A US Department of Education report received today indicated Huntington College graduates have a remarkably low rate of default on federal college loans -- 0.0%.
The report discloses default rates on loans made to 1994 graduates under the Federal Stafford, Unsubsidized Federal Stafford, and Federal Supplemental Loans for Students programs.
Loan defaults among Huntington College graduates are consistently rare. The Class of 1992 had only six graduates default on their federal loans, while in 1993 there was only one.
"That says something significant about the values and work ethic of Huntington College graduates," said Dr. G. Blair Dowden, president of the 100-year old Christian liberal arts school. "Our students take their obligations seriously and are committed to repaying their loans."
In related news, President Bill Clinton announced late last week that the federal college loan default rate has dropped to its lowest point since 1988. He also reiterated his support for tax breaks to help students pay for college.
Huntington College was founded in 1897 by the Church of the United Brethren in Christ. For 100 years, Huntington College has offered high-quality academic programs "to equip men and women to impact our world for Christ." Located on a contemporary, wooded campus in Huntington, Indiana, the four-year liberal arts college offers graduate and undergraduate programs in nearly 50 academic concentrations.
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