Wednesday, October 19th, 2011

The National Academy of Health & Business Celebrates Low Loan Default Rate

National AcademyThe staff and students at The National Academy of Health & Business (NAHB) are proudly celebrating a second straight year with low student loan default rates.

“For the second year in a row, National Academy’s default rate was not only lower than the average private career college default rate, but also lower than the average default rate of all Community College (Sheridan, Mohawk, etc) graduates,” said NAHB President, Mark Harrington in a memo.

In general, low default rates are viewed as an indicator of graduate success, as it means grads have the earning power to pay back their loans. A high default rate, in turn, means grads might be struggling to pay their bills.

“This is a significant achievement. This result is due to the combined efforts of our students, faculty and administrative staff. We’d like to thank everyone for their continued dedication, support and commitment to our Mission. It’s something we should all be proud of.”

The National Academy of Health & Business has been in operation since 1979. They have campuses in Mississauga and Hamilton. They offer training in faculties such as Dental, Health care, Business and Legal.

Schools mentioned: The National Academy of Health & Business

Ryan Leclaire
Author: Ryan Leclaire
Ryan has been writing for 7 years and has been featured in Chatelaine, Canadian Living and Cottage life.
Post a comment

Comments are closed.

Contribute to Study Magazine Yellow Arrow