Council of PresidentsPresentation to Senate Finance Education Subcommittee

January 16, 2018Delivered by President Ángel Cabrera, George Mason University

How Virginia’s Student Loan Default Rates Compare

Source: U.S. Department of Education and Carnegie Classification

National Public four-year Virginia Virginia public four-year

Virginia doctoral universities

Carnegie R1 highest research

3

6

9

12

15%2012 2013 2014

2

0%

4%

8%

12%

2012 2013 2014

How George Mason University’s student loan default rates compare

Source: U.S. Department of Education and Carnegie Classification

Three-year cohort default rates*excludes Mason

George Mason University

National Public four-year Virginia Virginia public four-year*

Virginia doctoral universities*

Carnegie R1 highest research*

3

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Higher Education R&D Expenditures, USD per million people

United States Georgia North Carolina Virginia4

5

6

VA

7

VA

8

VA

VA

9

VA

10

VA

11

VA

12

VA

13