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Fla. universities low on tuition, loan defaults

8:05 PM, Feb 13, 2013   |    comments
Students walk through campus at New College of Florida in Sarasota, which has been named a "best value" college by Princeton Review every year for the last five years. Chip J. Litherland, for USA TODAY
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TALLAHASSEE, Fla. (AP) -- President Barack Obama's college scorecard shows Florida's state universities generally rank low for tuition, borrowing and loan defaults.
The White House on Wednesday launched a website with that information as well as graduation percentages.
Annual costs for attending Florida's 11 state universities range from $9,225 for Florida International University to $12,502 at the University of South Florida.
Monthly borrowing amounts range from $142 at the University of West Florida to $224 at Florida A&M University. FAMU's 18 percent loan default rate is the only one among the Florida universities more than the 13 percent national average. The others are under 10 percent.
Six-year graduation rates for the Florida schools range from a low of 40 percent at FAMU to a high of 84 percent at the University of Florida.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

2/13/2013 4:02:53 PM (GMT -5:00)

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