U. S. Department of Education Arkansas Student Loan Cohort Default Rates Federal Fiscal 2009

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1 U. S. Departm ment off Education Arkansas Student Loan Cohort Default Rates Federal Fiscall 2009 Prepared for Arkansas Legislative Council Higher Education Subcommittee June 14, 2012

2 Table of Contents All Institutions Arranged Alphabetically (A E)... Page 1 All Institutions Arranged Alphabetically (E P)... Page 2 All Institutions Arranged Alphabetically (P W)... Page 3 All Institutions Arranged by Default Rate ( )... Page 4 All Institutions Arranged by Default Rate ( )... Page 5 All Institutions Arranged by Default Rate ( )... Page 6 All Institutions Arranged by Default Rate ( )... Page 7 Private/Independent Institutions Arranged Alphabetically (A W)... Page 8 Private/Independent Institutions Arranged by Default Rate ( )... Page 9 Proprietary Arranged Alphabetically (A N)... Page 10 Proprietary Arranged Alphabetically (P W)... Page 11 Proprietary Arranged by Default Rate ( )... Page 12 Proprietary Arranged by Default Rate ( )... Page 13 Public All Institutions Arranged Alphabetically (A V)... Page 14 Public All Institutions Arranged by Default Rate ( )... Page 15 Public Two-Year Institutions Arranged Alphabetically (A U)... Page 16 Public Two-Year Institutions Arranged by Default Rate ( )... Page 17 Public Four-Year Institutions Arranged Alphabetically (A U)... Page 18 Public Four-Year Institutions Arranged by Default Rate ( )... Page Annual Average Unemployment Rate by County (Arkansas Little River)... Page Annual Average Unemployment Rate by County (Logan Yell)...Page 21

3 All Institutions Arranged Alphabetically ABC Beauty College Arkadelphia Arkansas Proprietary 6.60% Academy of Salon and Spa Fort Smith Arkansas Proprietary 4.70% American InterContinental University Hoffman Estates Illinois Proprietary 18.70% Anthem College Phoenix Arizona Proprietary 4.90% Arkansas Baptist College Little Rock Arkansas Private 27.20% Arkansas Beauty College Russellville Arkansas Proprietary 20.70% Arkansas Beauty School Little Rock Arkansas Proprietary 7.30% Arkansas Beauty School/Conway Conway Arkansas Proprietary 15.30% Arkansas College of Barbering & Hair Design North Little Rock Arkansas Proprietary 16.60% Arkansas Northeastern College Blytheville Arkansas Public 19.80% Arkansas State University Jonesboro Arkansas Public 13.30% Arkansas State University - Beebe Beebe Arkansas Public 14.80% Arkansas Tech University Russellville Arkansas Public 13.70% Arthur's Beauty College Fort Smith Arkansas Proprietary 13.40% Arthur's Beauty College Jacksonville Arkansas Proprietary 16.50% Ashford University Clinton Iowa Proprietary 15.30% Askins Vo Tech Fort Smith Arkansas Proprietary 2.90% Baptist Health Schools Little Rock Little Rock Arkansas Private 6.00% Baptist Missionary Association Theological Seminary * Jacksonville Texas Private 0.00% Bee Jay's Hairstyling Academy * Little Rock Arkansas Proprietary 0.00% Bethel University McKenzie Tennessee Private 11.80% Black River Technical College Pocahontas Arkansas Public 16.10% Briarcliffe College Bethpage New York Proprietary 14.30% Bryan College Springfield Missouri Proprietary 20.90% Bryant & Stratton College Buffalo New York Proprietary 14.80% Capella University Minneapolis Minnesota Proprietary 6.70% Career Academy of Hair Design ** Springdale Arkansas Proprietary 0.00% Central Baptist College Conway Arkansas Private 10.70% Chamberlain College of Nursing Addison Illinois Proprietary 3.30% Colorado Technical University Colorado Springs Colorado Proprietary 16.40% Cossatot Community College of the University of Arkansas * De Queen Arkansas Public 0.00% Crossett School of Cosmetology Crossett Arkansas Proprietary 16.10% Crowley's Ridge College Paragould Arkansas Private 29.60% Crowley's Ridge Technical Institute * Forrest City Arkansas Public 0.00% DeVry University Chicago Illinois Proprietary 14.20% Drury University Springfield Missouri Private 9.30% East Arkansas Community College Forrest City Arkansas Public 13.50% 1

4 All Institutions Arranged Alphabetically Eastern College of Health Vocations Little Rock Arkansas Proprietary 16.90% Ecclesia College Springdale Arkansas Private 20.00% Embry-Riddle Aeronautical University Daytona Beach Florida Private 4.40% Everest College Phoenix Phoenix Arizona Proprietary 22.85% Everest University Orlando Florida Proprietary 22.20% Excelsior College Albany New York Private 7.10% Franklin University Columbus Ohio Private 6.70% Graceland University Lamoni Iowa Private 3.80% Grand Canyon University Phoenix Arizona Proprietary 9.20% Harding University Searcy Arkansas Private 2.10% Henderson State University Arkadelphia Arkansas Public 11.90% Hendrix College Conway Arkansas Private 1.80% Hot Springs Beauty College Hot Springs Arkansas Proprietary 6.60% Imagine - Paul Mitchell Partner School North Little Rock Arkansas Proprietary 19.30% ITT Technical Institute Indianapolis Indiana Proprietary 22.60% John Brown University Siloam Springs Arkansas Private 2.30% JRMC School of Nursing Pine Bluff Arkansas Private 3.20% Kaplan University Davenport Iowa Proprietary 17.30% Lees School of Cosmetology North Little Rock Arkansas Proprietary 7.80% Liberty University Lynchburg Virginia Private 4.80% Lyon College Batesville Arkansas Private 5.50% Margaret's Hair Academy ** Monticello Arkansas Proprietary 0.00% Marsha Kay Beauty College * Mountain Home Arkansas Proprietary 0.00% Mid-South Community College * West Memphis Arkansas Public 0.00% Montana State University - Northern Havre Montana Public 5.80% National Park Community College Hot Springs Arkansas Public 18.80% New Tyler Barber College ** North Little Rock Arkansas Proprietary 0.00% North Arkansas College Harrison Arkansas Public 13.10% NorthWest Arkansas Community College Bentonville Arkansas Public 13.60% Northwest Technical Institute * Springdale Arkansas Public 0.00% Oklahoma Baptist University Shawnee Oklahoma Private 5.90% Oklahoma Wesleyan University Bartlesville Oklahoma Private 6.80% Ouachita Baptist University Arkadelphia Arkansas Private 5.40% Ouachita Technical College Malvern Arkansas Public 12.20% Ozark College Melbourne Arkansas Public 26.30% Park University Parkville Missouri Private 5.70% Paul Mitchell The School Arkansas Fayetteville Arkansas Proprietary 25.60% 2

5 All Institutions Arranged Alphabetically Philander Smith College Little Rock Arkansas Private 11.80% Phillips Community College of the University of Arkansas Helena Arkansas Public 17.20% Professional Cosmetology Education Center ** El Dorado Arkansas Proprietary 0.00% Pulaski Technical College North Little Rock Arkansas Public 14.70% Rasmussen College Saint Cloud Minnesota Proprietary 8.70% Regis University Denver Colorado Private 4.80% Remington College Mobile Alabama Proprietary 9.90% Rich Mountain Community College * Mena Arkansas Public 0.00% Saint Joseph's College Standish Maine Private 1.60% Searcy Beauty College Searcy Arkansas Proprietary 21.20% South Arkansas Community College El Dorado Arkansas Public 12.80% Southeast Arkansas College Pine Bluff Arkansas Public 16.30% Southern Arkansas University Magnolia Arkansas Public 10.80% Southern Arkansas University Tech Camden Arkansas Public 12.30% Southern Illinois University at Carbondale Carbondale Illinois Public 5.20% Strayer University Washington District of Columbia Proprietary 10.00% Ultimate Medical Academy Clearwater Florida Proprietary 19.80% University of Arkansas, Fayetteville Fayetteville Arkansas Public 4.70% University of Arkansas at Fort Smith Fort Smith Arkansas Public 12.30% University of Arkansas at Little Rock Little Rock Arkansas Public 9.70% University of Arkansas at Monticello Monticello Arkansas Public 20.10% University of Arkansas at Pine Bluff Pine Bluff Arkansas Public 21.10% University of Arkansas Community College at Batesville Batesville Arkansas Public 26.50% University of Arkansas Community College at Hope Hope Arkansas Public 14.10% University of Arkansas Community College at Morrilton Morrilton Arkansas Public 11.80% University of Arkansas for Medical Sciences Little Rock Arkansas Public 1.40% University of Central Arkansas Conway Arkansas Public 8.60% University of Phoenix Phoenix Arizona Proprietary 18.80% University of Southern California Los Angeles California Private 1.60% University of the Ozarks Clarksville Arkansas Private 10.90% University of the Rockies Colorado Springs Colorado Proprietary 3.30% Vincennes University Vincennes Indiana Public 15.90% Walden University Minneapolis Minnesota Proprietary 2.50% Webster University Saint Louis Missouri Private 4.00% Williams Baptist College Walnut Ridge Arkansas Private 4.00% 3

6 All Institutions Arranged by Default Rate Crowley's Ridge College Paragould Arkansas Private 29.60% Arkansas Baptist College Little Rock Arkansas Private 27.20% University of Arkansas Community College at Batesville Batesville Arkansas Public 26.50% Ozark College Melbourne Arkansas Public 26.30% Paul Mitchell The School Arkansas Fayetteville Arkansas Proprietary 25.60% Everest College Phoenix Phoenix Arizona Proprietary 22.85% ITT Technical Institute Indianapolis Indiana Proprietary 22.60% Everest University Orlando Florida Proprietary 22.20% Searcy Beauty College Searcy Arkansas Proprietary 21.20% University of Arkansas at Pine Bluff Pine Bluff Arkansas Public 21.10% Bryan College Springfield Missouri Proprietary 20.90% Arkansas Beauty College Russellville Arkansas Proprietary 20.70% University of Arkansas at Monticello Monticello Arkansas Public 20.10% Ecclesia College Springdale Arkansas Private 20.00% Ultimate Medical Academy Clearwater Florida Proprietary 19.80% Arkansas Northeastern College Blytheville Arkansas Public 19.80% Imagine - Paul Mitchell Partner School North Little Rock Arkansas Proprietary 19.30% University of Phoenix Phoenix Arizona Proprietary 18.80% National Park Community College Hot Springs Arkansas Public 18.80% American InterContinental University Hoffman Estates Illinois Proprietary 18.70% Kaplan University Davenport Iowa Proprietary 17.30% Phillips Community College of the University of Arkansas Helena Arkansas Public 17.20% Eastern College of Health Vocations Little Rock Arkansas Proprietary 16.90% Arkansas College of Barbering & Hair Design North Little Rock Arkansas Proprietary 16.60% Arthur's Beauty College Jacksonville Arkansas Proprietary 16.50% Colorado Technical University Colorado Springs Colorado Proprietary 16.40% Southeast Arkansas College Pine Bluff Arkansas Public 16.30% Crossett School of Cosmetology Crossett Arkansas Proprietary 16.10% Black River Technical College Pocahontas Arkansas Public 16.10% Vincennes University Vincennes Indiana Public 15.90% Arkansas Beauty School/Conway Conway Arkansas Proprietary 15.30% Ashford University Clinton Iowa Proprietary 15.30% Bryant & Stratton College Buffalo New York Proprietary 14.80% 4

7 All Institutions Arranged by Default Rate Arkansas State University - Beebe Beebe Arkansas Public 14.80% Pulaski Technical College North Little Rock Arkansas Public 14.70% Briarcliffe College Bethpage New York Proprietary 14.30% DeVry University Chicago Illinois Proprietary 14.20% University of Arkansas Community College at Hope Hope Arkansas Public 14.10% Arkansas Tech University Russellville Arkansas Public 13.70% NorthWest Arkansas Community College Bentonville Arkansas Public 13.60% East Arkansas Community College Forrest City Arkansas Public 13.50% Arthur's Beauty College Fort Smith Arkansas Proprietary 13.40% Arkansas State University Jonesboro Arkansas Public 13.30% North Arkansas College Harrison Arkansas Public 13.10% South Arkansas Community College El Dorado Arkansas Public 12.80% Southern Arkansas University Tech Camden Arkansas Public 12.30% University of Arkansas at Fort Smith Fort Smith Arkansas Public 12.30% Ouachita Technical College Malvern Arkansas Public 12.20% Henderson State University Arkadelphia Arkansas Public 11.90% Bethel University McKenzie Tennessee Private 11.80% Philander Smith College Little Rock Arkansas Private 11.80% University of Arkansas Community College at Morrilton Morrilton Arkansas Public 11.80% University of the Ozarks Clarksville Arkansas Private 10.90% Southern Arkansas University Magnolia Arkansas Public 10.80% Central Baptist College Conway Arkansas Private 10.70% Strayer University Washington District of Columbia Proprietary 10.00% Remington College Mobile Alabama Proprietary 9.90% University of Arkansas at Little Rock Little Rock Arkansas Public 9.70% Drury University Springfield Missouri Private 9.30% Grand Canyon University Phoenix Arizona Proprietary 9.20% Rasmussen College Saint Cloud Minnesota Proprietary 8.70% University of Central Arkansas Conway Arkansas Public 8.60% Lees School of Cosmetology North Little Rock Arkansas Proprietary 7.80% Arkansas Beauty School Little Rock Arkansas Proprietary 7.30% Excelsior College Albany New York Private 7.10% Oklahoma Wesleyan University Bartlesville Oklahoma Private 6.80% 5

8 All Institutions Arranged by Default Rate Franklin University Columbus Ohio Private 6.70% Capella University Minneapolis Minnesota Proprietary 6.70% ABC Beauty College Arkadelphia Arkansas Proprietary 6.60% Hot Springs Beauty College Hot Springs Arkansas Proprietary 6.60% Baptist Health Schools Little Rock Little Rock Arkansas Private 6.00% Oklahoma Baptist University Shawnee Oklahoma Private 5.90% Montana State University - Northern Havre Montana Public 5.80% Park University Parkville Missouri Private 5.70% Lyon College Batesville Arkansas Private 5.50% Ouachita Baptist University Arkadelphia Arkansas Private 5.40% Southern Illinois University at Carbondale Carbondale Illinois Public 5.20% Anthem College Phoenix Arizona Proprietary 4.90% Liberty University Lynchburg Virginia Private 4.80% Regis University Denver Colorado Private 4.80% Academy of Salon and Spa Fort Smith Arkansas Proprietary 4.70% University of Arkansas, Fayettevile Fayetteville Arkansas Public 4.70% Embry-Riddle Aeronautical University Daytona Beach Florida Private 4.40% Webster University Saint Louis Missouri Private 4.00% Williams Baptist College Walnut Ridge Arkansas Private 4.00% Graceland University Lamoni Iowa Private 3.80% Chamberlain College of Nursing Addison Illinois Proprietary 3.30% University of the Rockies Colorado Springs Colorado Proprietary 3.30% JRMC School of Nursing Pine Bluff Arkansas Private 3.20% Askins Vo Tech Fort Smith Arkansas Proprietary 2.90% Walden University Minneapolis Minnesota Proprietary 2.50% John Brown University Siloam Springs Arkansas Private 2.30% Harding University Searcy Arkansas Private 2.10% Hendrix College Conway Arkansas Private 1.80% Saint Joseph's College Standish Maine Private 1.60% University of Southern California Los Angeles California Private 1.60% University of Arkansas for Medical Sciences Little Rock Arkansas Public 1.40% Baptist Missionary Association Theological Seminary * Jacksonville Texas Private 0.00% Bee Jay's Hairstyling Academy * Little Rock Arkansas Proprietary 0.00% 6

9 All Institutions Arranged by Default Rate Career Academy of Hair Design ** Springdale Arkansas Proprietary 0.00% Margaret's Hair Academy ** Monticello Arkansas Proprietary 0.00% Marsha Kay Beauty College * Mountain Home Arkansas Proprietary 0.00% New Tyler Barber College ** North Little Rock Arkansas Proprietary 0.00% Professional Cosmetology Education Center ** El Dorado Arkansas Proprietary 0.00% Cossatot Community College of the University of Arkansas * De Queen Arkansas Public 0.00% Crowley's Ridge Technical Institute * Forrest City Arkansas Public 0.00% Mid-South Community College * West Memphis Arkansas Public 0.00% Northwest Technical Institute * Springdale Arkansas Public 0.00% Rich Mountain Community College * Mena Arkansas Public 0.00% 7

10 Private/Independent Institutions Arranged Alphabetically Arkansas Baptist College Little Rock Arkansas Private 27.20% Baptist Health Schools Little Rock Little Rock Arkansas Private 6.00% Baptist Missionary Association Theological Seminary ** Jacksonville Texas Private 0.00% Bethel University McKenzie Tennessee Private 11.80% Central Baptist College Conway Arkansas Private 10.70% Crowley's Ridge College Paragould Arkansas Private 29.60% Drury University Springfield Missouri Private 9.30% Ecclesia College Springdale Arkansas Private 20.00% Embry-Riddle Aeronautical University Daytona Beach Florida Private 4.40% Excelsior College Albany New York Private 7.10% Franklin University Columbus Ohio Private 6.70% Graceland University Lamoni Iowa Private 3.80% Harding University Searcy Arkansas Private 2.10% Hendrix College Conway Arkansas Private 1.80% John Brown University Siloam Springs Arkansas Private 2.30% JRMC School of Nursing Pine Bluff Arkansas Private 3.20% Liberty University Lynchburg Virginia Private 4.80% Lyon College Batesville Arkansas Private 5.50% Oklahoma Baptist University Shawnee Oklahoma Private 5.90% Oklahoma Wesleyan University Bartlesville Oklahoma Private 6.80% Ouachita Baptist University Arkadelphia Arkansas Private 5.40% Park University Parkville Missouri Private 5.70% Philander Smith College Little Rock Arkansas Private 11.80% Regis University Denver Colorado Private 4.80% Saint Joseph's College Standish Maine Private 1.60% University of Southern California Los Angeles California Private 1.60% University of the Ozarks Clarksville Arkansas Private 10.90% Webster University Saint Louis Missouri Private 4.00% Williams Baptist College Walnut Ridge Arkansas Private 4.00% 8

11 Private/Independent Institutions Arranged by Default Rate Crowley's Ridge College Paragould Arkansas Private 29.60% Arkansas Baptist College Little Rock Arkansas Private 27.20% Ecclesia College Springdale Arkansas Private 20.00% Bethel University McKenzie Tennessee Private 11.80% Philander Smith College Little Rock Arkansas Private 11.80% University of the Ozarks Clarksville Arkansas Private 10.90% Central Baptist College Conway Arkansas Private 10.70% Drury University Springfield Missouri Private 9.30% Excelsior College Albany New York Private 7.10% Oklahoma Wesleyan University Bartlesville Oklahoma Private 6.80% Franklin University Columbus Ohio Private 6.70% Baptist Health Schools Little Rock Little Rock Arkansas Private 6.00% Oklahoma Baptist University Shawnee Oklahoma Private 5.90% Park University Parkville Missouri Private 5.70% Lyon College Batesville Arkansas Private 5.50% Ouachita Baptist University Arkadelphia Arkansas Private 5.40% Liberty University Lynchburg Virginia Private 4.80% Regis University Denver Colorado Private 4.80% Embry-Riddle Aeronautical University Daytona Beach Florida Private 4.40% Webster University Saint Louis Missouri Private 4.00% Williams Baptist College Walnut Ridge Arkansas Private 4.00% Graceland University Lamoni Iowa Private 3.80% JRMC School of Nursing Pine Bluff Arkansas Private 3.20% John Brown University Siloam Springs Arkansas Private 2.30% Harding University Searcy Arkansas Private 2.10% Hendrix College Conway Arkansas Private 1.80% Saint Joseph's College Standish Maine Private 1.60% University of Southern California Los Angeles California Private 1.60% Baptist Missionary Association Theological Seminary ** Jacksonville Texas Private 0.00% 9

12 Proprietary Arranged Alphabetically ABC Beauty College Arkadelphia Arkansas Proprietary 6.60% Academy of Salon and Spa Fort Smith Arkansas Proprietary 4.70% American InterContinental University Hoffman Estates Illinois Proprietary 18.70% Anthem College Phoenix Arizona Proprietary 4.90% Arkansas Beauty College Russellville Arkansas Proprietary 20.70% Arkansas Beauty School Little Rock Arkansas Proprietary 7.30% Arkansas Beauty School/Conway Conway Arkansas Proprietary 15.30% Arkansas College of Barbering & Hair Design North Little Rock Arkansas Proprietary 16.60% Arthur's Beauty College Fort Smith Arkansas Proprietary 13.40% Arthur's Beauty College Jacksonville Arkansas Proprietary 16.50% Ashford University Clinton Iowa Proprietary 15.30% Askins Vo Tech Fort Smith Arkansas Proprietary 2.90% Bee Jay's Hairstyling Academy ** Little Rock Arkansas Proprietary 0.00% Briarcliffe College Bethpage New York Proprietary 14.30% Bryan College Springfield Missouri Proprietary 20.90% Bryant & Stratton College Buffalo New York Proprietary 14.80% Capella University Minneapolis Minnesota Proprietary 6.70% Career Academy of Hair Design ** Springdale Arkansas Proprietary 0.00% Chamberlain College of Nursing Addison Illinois Proprietary 3.30% Colorado Technical University Colorado Springs Colorado Proprietary 16.40% Crossett School of Cosmetology Crossett Arkansas Proprietary 16.10% DeVry University Chicago Illinois Proprietary 14.20% Eastern College of Health Vocations Little Rock Arkansas Proprietary 16.90% Everest College Phoenix Phoenix Arizona Proprietary 22.85% Everest University Orlando Florida Proprietary 22.20% Grand Canyon University Phoenix Arizona Proprietary 9.20% Hot Springs Beauty College Hot Springs Arkansas Proprietary 6.60% Imagine - Paul Mitchell Partner School North Little Rock Arkansas Proprietary 19.30% ITT Technical Institute Indianapolis Indiana Proprietary 22.60% Kaplan University Davenport Iowa Proprietary 17.30% Lees School of Cosmetology North Little Rock Arkansas Proprietary 7.80% Margaret's Hair Academy ** Monticello Arkansas Proprietary 0.00% Marsha Kay Beauty College * Mountain Home Arkansas Proprietary 0.00% New Tyler Barber College North Little Rock Arkansas Proprietary 0.00% 10

13 Proprietary Arranged Alphabetically Paul Mitchell The School Arkansas Fayetteville Arkansas Proprietary 25.60% Professional Cosmetology Education Center ** El Dorado Arkansas Proprietary 0.00% Rasmussen College Saint Cloud Minnesota Proprietary 8.70% Remington College Mobile Alabama Proprietary 9.90% Searcy Beauty College Searcy Arkansas Proprietary 21.20% Strayer University Washington District of Columbia Proprietary 10.00% Ultimate Medical Academy Clearwater Florida Proprietary 19.80% University of Phoenix Phoenix Arizona Proprietary 18.80% University of the Rockies Colorado Springs Colorado Proprietary 3.30% Walden University Minneapolis Minnesota Proprietary 2.50% 11

14 Proprietary Arranged by Default Rate Paul Mitchell The School Arkansas Fayetteville Arkansas Proprietary 25.60% Everest College Phoenix Phoenix Arizona Proprietary 22.85% ITT Technical Institute Indianapolis Indiana Proprietary 22.60% Everest University Orlando Florida Proprietary 22.20% Searcy Beauty College Searcy Arkansas Proprietary 21.20% Bryan College Springfield Missouri Proprietary 20.90% Arkansas Beauty College Russellville Arkansas Proprietary 20.70% Ultimate Medical Academy Clearwater Florida Proprietary 19.80% Imagine - Paul Mitchell Partner School North Little Rock Arkansas Proprietary 19.30% University of Phoenix Phoenix Arizona Proprietary 18.80% American InterContinental University Hoffman Estates Illinois Proprietary 18.70% Kaplan University Davenport Iowa Proprietary 17.30% Eastern College of Health Vocations Little Rock Arkansas Proprietary 16.90% Arkansas College of Barbering & Hair Design North Little Rock Arkansas Proprietary 16.60% Arthur's Beauty College Jacksonville Arkansas Proprietary 16.50% Colorado Technical University Colorado Springs Colorado Proprietary 16.40% Crossett School of Cosmetology Crossett Arkansas Proprietary 16.10% Arkansas Beauty School/Conway Conway Arkansas Proprietary 15.30% Ashford University Clinton Iowa Proprietary 15.30% Bryant & Stratton College Buffalo New York Proprietary 14.80% Briarcliffe College Bethpage New York Proprietary 14.30% DeVry University Chicago Illinois Proprietary 14.20% Arthur's Beauty College Fort Smith Arkansas Proprietary 13.40% Strayer University Washington District of Columbia Proprietary 10.00% Remington College Mobile Alabama Proprietary 9.90% Grand Canyon University Phoenix Arizona Proprietary 9.20% Rasmussen College Saint Cloud Minnesota Proprietary 8.70% Lees School of Cosmetology North Little Rock Arkansas Proprietary 7.80% Arkansas Beauty School Little Rock Arkansas Proprietary 7.30% Capella University Minneapolis Minnesota Proprietary 6.70% ABC Beauty College Arkadelphia Arkansas Proprietary 6.60% Hot Springs Beauty College Hot Springs Arkansas Proprietary 6.60% Anthem College Phoenix Arizona Proprietary 4.90% Academy of Salon and Spa Fort Smith Arkansas Proprietary 4.70% 12

15 Proprietary Arranged by Default Rate Chamberlain College of Nursing Addison Illinois Proprietary 3.30% University of the Rockies Colorado Springs Colorado Proprietary 3.30% Askins Vo Tech Fort Smith Arkansas Proprietary 2.90% Walden University Minneapolis Minnesota Proprietary 2.50% Bee Jay's Hairstyling Academy * Little Rock Arkansas Proprietary 0.00% Career Academy of Hair Design ** Springdale Arkansas Proprietary 0.00% Margaret's Hair Academy ** Monticello Arkansas Proprietary 0.00% Marsha Kay Beauty College * Mountain Home Arkansas Proprietary 0.00% New Tyler Barber College ** North Little Rock Arkansas Proprietary 0.00% Professional Cosmetology Education Center ** El Dorado Arkansas Proprietary 0.00% 13

16 Public All Insitutuions Arranged Alphabetically Arkansas Northeastern College Blytheville Arkansas Public 19.80% Arkansas State University Jonesboro Arkansas Public 13.30% Arkansas State University - Beebe Beebe Arkansas Public 14.80% Arkansas Tech University Russellville Arkansas Public 13.70% Black River Technical College Pocahontas Arkansas Public 16.10% Cossatot Community College of the University of Arkansas * De Queen Arkansas Public 0.00% Crowley's Ridge Technical Institute * Forrest City Arkansas Public 0.00% East Arkansas Community College Forrest City Arkansas Public 13.50% Henderson State University Arkadelphia Arkansas Public 11.90% Mid-South Community College * West Memphis Arkansas Public 0.00% Montana State University - Northern Havre Montana Public 5.80% National Park Community College Hot Springs Arkansas Public 18.80% North Arkansas College Harrison Arkansas Public 13.10% NorthWest Arkansas Community College Bentonville Arkansas Public 13.60% Northwest Technical Institute * Springdale Arkansas Public 0.00% Ouachita Technical College Malvern Arkansas Public 12.20% Ozark College Melbourne Arkansas Public 26.30% Phillips Community College of the University of Arkansas Helena Arkansas Public 17.20% Pulaski Technical College North Little Rock Arkansas Public 14.70% Rich Mountain Community College * Mena Arkansas Public 0.00% South Arkansas Community College El Dorado Arkansas Public 12.80% Southeast Arkansas College Pine Bluff Arkansas Public 16.30% Southern Arkansas University Magnolia Arkansas Public 10.80% Southern Arkansas University Tech Camden Arkansas Public 12.30% Southern Illinois University at Carbondale Carbondale Illinois Public 5.20% University of Arkansas, Fayettevile Fayetteville Arkansas Public 4.70% University of Arkansas at Fort Smith Fort Smith Arkansas Public 12.30% University of Arkansas at Little Rock Little Rock Arkansas Public 9.70% University of Arkansas at Monticello Monticello Arkansas Public 20.10% University of Arkansas at Pine Bluff Pine Bluff Arkansas Public 21.10% University of Arkansas Community College at Batesville Batesville Arkansas Public 26.50% University of Arkansas Community College at Hope Hope Arkansas Public 14.10% University of Arkansas Community College at Morrilton Morrilton Arkansas Public 11.80% University of Arkansas for Medical Sciences Little Rock Arkansas Public 1.40% University of Central Arkansas Conway Arkansas Public 8.60% Vincennes University Vincennes Indiana Public 15.90% 14

17 University of Arkansas Community College at Batesville Batesville Arkansas Public 26.50% Ozark College Melbourne Arkansas Public 26.30% University of Arkansas at Pine Bluff Pine Bluff Arkansas Public 21.10% University of Arkansas at Monticello Monticello Arkansas Public 20.10% Arkansas Northeastern College Blytheville Arkansas Public 19.80% National Park Community College Hot Springs Arkansas Public 18.80% Phillips Community College of the University of Arkansas Helena Arkansas Public 17.20% Southeast Arkansas College Pine Bluff Arkansas Public 16.30% Black River Technical College Pocahontas Arkansas Public 16.10% Vincennes University Vincennes Indiana Public 15.90% Arkansas State University - Beebe Beebe Arkansas Public 14.80% Pulaski Technical College North Little Rock Arkansas Public 14.70% University of Arkansas Community College at Hope Hope Arkansas Public 14.10% Arkansas Tech University Russellville Arkansas Public 13.70% NorthWest Arkansas Community College Bentonville Arkansas Public 13.60% East Arkansas Community College Forrest City Arkansas Public 13.50% Arkansas State University Jonesboro Arkansas Public 13.30% North Arkansas College Harrison Arkansas Public 13.10% South Arkansas Community College El Dorado Arkansas Public 12.80% Southern Arkansas University Tech Camden Arkansas Public 12.30% University of Arkansas at Fort Smith Fort Smith Arkansas Public 12.30% Ouachita Technical College Malvern Arkansas Public 12.20% Henderson State University Arkadelphia Arkansas Public 11.90% University of Arkansas Community College at Morrilton Morrilton Arkansas Public 11.80% Southern Arkansas University Magnolia Arkansas Public 10.80% University of Arkansas at Little Rock Little Rock Arkansas Public 9.70% University of Central Arkansas Conway Arkansas Public 8.60% Montana State University - Northern Havre Montana Public 5.80% Southern Illinois University at Carbondale Carbondale Illinois Public 5.20% University of Arkansas, Fayettevile Fayetteville Arkansas Public 4.70% University of Arkansas for Medical Sciences Little Rock Arkansas Public 1.40% Cossatot Community College of the University of Arkansas * De Queen Arkansas Public 0.00% Crowley's Ridge Technical Institute * Forrest City Arkansas Public 0.00% Mid-South Community College * West Memphis Arkansas Public 0.00% Northwest Technical Institute * Springdale Arkansas Public 0.00% Rich Mountain Community College * Mena Arkansas Public 0.00% Source:, September 12, 2011 Does not participate in Title IV Federal financial assistance * Participates in Title IV Federal financial assistance ** Prepared by: Arkansas Department of Higher Education, June 14, 2012 Arkansas Department of Higher Education Public All Institutions Arranged by Default Rate 15

18 Public Two Year Institutions Arranged Alphabetically Arkansas Northeastern College Blytheville Arkansas Public 19.80% Arkansas State University - Beebe Beebe Arkansas Public 14.80% Black River Technical College Pocahontas Arkansas Public 16.10% Cossatot Community College of the University of Arkansas * De Queen Arkansas Public 0.00% Crowley's Ridge Technical Institute * Forrest City Arkansas Public 0.00% East Arkansas Community College Forrest City Arkansas Public 13.50% Mid-South Community College * West Memphis Arkansas Public 0.00% National Park Community College Hot Springs Arkansas Public 18.80% North Arkansas College Harrison Arkansas Public 13.10% NorthWest Arkansas Community College Bentonville Arkansas Public 13.60% Northwest Technical Institute * Springdale Arkansas Public 0.00% Ouachita Technical College Malvern Arkansas Public 12.20% Ozark College Melbourne Arkansas Public 26.30% Phillips Community College of the University of Arkansas Helena Arkansas Public 17.20% Pulaski Technical College North Little Rock Arkansas Public 14.70% Rich Mountain Community College * Mena Arkansas Public 0.00% South Arkansas Community College El Dorado Arkansas Public 12.80% Southeast Arkansas College Pine Bluff Arkansas Public 16.30% Southern Arkansas University Tech Camden Arkansas Public 12.30% University of Arkansas Community College at Batesville Batesville Arkansas Public 26.50% University of Arkansas Community College at Hope Hope Arkansas Public 14.10% University of Arkansas Community College at Morrilton Morrilton Arkansas Public 11.80% 16

19 Public Two Year Institutions Arranged by Default Rate University of Arkansas Community College at Batesville Batesville Arkansas Public 26.50% Ozark College Melbourne Arkansas Public 26.30% Arkansas Northeastern College Blytheville Arkansas Public 19.80% National Park Community College Hot Springs Arkansas Public 18.80% Phillips Community College of the University of Arkansas Helena Arkansas Public 17.20% Southeast Arkansas College Pine Bluff Arkansas Public 16.30% Black River Technical College Pocahontas Arkansas Public 16.10% Arkansas State University - Beebe Beebe Arkansas Public 14.80% Pulaski Technical College North Little Rock Arkansas Public 14.70% University of Arkansas Community College at Hope Hope Arkansas Public 14.10% NorthWest Arkansas Community College Bentonville Arkansas Public 13.60% East Arkansas Community College Forrest City Arkansas Public 13.50% North Arkansas College Harrison Arkansas Public 13.10% South Arkansas Community College El Dorado Arkansas Public 12.80% Southern Arkansas University Tech Camden Arkansas Public 12.30% Ouachita Technical College Malvern Arkansas Public 12.20% University of Arkansas Community College at Morrilton Morrilton Arkansas Public 11.80% Cossatot Community College of the University of Arkansas * De Queen Arkansas Public 0.00% Crowley's Ridge Technical Institute * Forrest City Arkansas Public 0.00% Mid-South Community College * West Memphis Arkansas Public 0.00% Northwest Technical Institute * Springdale Arkansas Public 0.00% Rich Mountain Community College * Mena Arkansas Public 0.00% 17

20 Public Four Year Institutions Arranged Alphabetically Arkansas State University Jonesboro Arkansas Public 13.30% Arkansas Tech University Russellville Arkansas Public 13.70% Henderson State University Arkadelphia Arkansas Public 11.90% Southern Arkansas University Magnolia Arkansas Public 10.80% University of Arkansas, Fayettevile Fayetteville Arkansas Public 4.70% University of Arkansas at Fort Smith Fort Smith Arkansas Public 12.30% University of Arkansas at Little Rock Little Rock Arkansas Public 9.70% University of Arkansas at Monticello Monticello Arkansas Public 20.10% University of Arkansas at Pine Bluff Pine Bluff Arkansas Public 21.10% University of Arkansas for Medical Sciences Little Rock Arkansas Public 1.40% University of Central Arkansas Conway Arkansas Public 8.60% 18

21 Public Four Year Institutions Arranged by Default Rate University of Arkansas at Pine Bluff Pine Bluff Arkansas Public 21.10% University of Arkansas at Monticello Monticello Arkansas Public 20.10% Arkansas Tech University Russellville Arkansas Public 13.70% Arkansas State University Jonesboro Arkansas Public 13.30% University of Arkansas at Fort Smith Fort Smith Arkansas Public 12.30% Henderson State University Arkadelphia Arkansas Public 11.90% Southern Arkansas University Magnolia Arkansas Public 10.80% University of Arkansas at Little Rock Little Rock Arkansas Public 9.70% University of Central Arkansas Conway Arkansas Public 8.60% University of Arkansas, Fayettevile Fayetteville Arkansas Public 4.70% University of Arkansas for Medical Sciences Little Rock Arkansas Public 1.40% 19

22 2009 Annual Average Unemployment Rate by County Not Seasonally Adjusted Year Period Area Unemployment Rate 2009 Annual Arkansas County Annual Ashley County Annual Baxter County Annual Benton County Annual Boone County Annual Bradley County Annual Calhoun County Annual Carroll County Annual Chicot County Annual Clark County Annual Clay County Annual Cleburne County Annual Cleveland County Annual Columbia County Annual Conway County Annual Craighead County Annual Crawford County Annual Crittenden County Annual Cross County Annual Dallas County Annual Desha County Annual Drew County Annual Faulkner County Annual Franklin County Annual Fulton County Annual Garland County Annual Grant County Annual Greene County Annual Hempstead County Annual Hot Spring County Annual Howard County Annual Independence County Annual Izard County Annual Jackson County Annual Jefferson County Annual Johnson County Annual Lafayette County Annual Lawrence County Annual Lee County Annual Lincoln County Annual Little River County

23 2009 Annual Average Unemployment Rate by County Not Seasonally Adjusted Year Period Area Unemployment Rate 2009 Annual Logan County Annual Lonoke County Annual Madison County Annual Marion County Annual Miller County Annual Mississippi County Annual Monroe County Annual Montgomery County Annual Nevada County Annual Newton County Annual Ouachita County Annual Perry County Annual Phillips County Annual Pike County Annual Poinsett County Annual Polk County Annual Pope County Annual Prairie County Annual Pulaski County Annual Randolph County Annual St. Francis County Annual Saline County Annual Scott County Annual Searcy County Annual Sebastian County Annual Sevier County Annual Sharp County Annual Stone County Annual Union County Annual Van Buren County Annual Washington County Annual White County Annual Woodruff County Annual Yell County

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