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15 April, 06:58

College A

College B

College C

College D

Cost per year

7,000

6,500

4,500

10,000

Graduation Rate

60.2%

45.3%

65%

88%

Loan Default

25.2%

17.8%

35.2%

28%

Using the chart, determine which college has the lowest loan default rate.

Cost = total cost of college. Graduation Rate = % of students who complete college and graduate with a degree. Loan Default Rate = % of students who are unable to pay back their loans after graduation.

College A

College B

College C

College D

+2
Answers (2)
  1. 15 April, 07:36
    0
    The answer is College C

    Explanation:

    If you look at the information provided we already have each college's loan default rate, right under the college's graduation rate. Although the subtitle is Loan Default, because the values are given in percentages, we know it refers to the loan default rate, since a loan default refers to a single case of a student unable to pay their loans. The percentages indicate that we have a rate, calculated by dividing the number of alumni who defaulted on their student loans by the total number of alumni for each college.
  2. 15 April, 08:30
    0
    College c has the lowest loan default rate because it has the lowest cost per year which is needed in loaning and not population
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