Chiropractic Student Loan
Default Rates (1999 to 2012)

The Health Resources and Services Administration (HRSA) maintains a list of Health Education Assistance Loan (HEAL) borrowers who are in default, as required by section 709(c)(1) of the Public Health Service Act. Chiropractic colleges have much higher default rates than other health professional schools. In October 1999, May 2010, and January 2012, more than half the individuals on HRSA's default list had attended chiropractic college. Curiously, the income of practicing chiropractors has been dropping steadily.

School  Number of Loans Total Amount
   
Life University 188  
$ 18,379,805
Los Angeles College of Chiropractic 90
7,645,984
Cleveland Chiropractic College (Kansas City) 66
5,731,148
Palmer College of Chiropractic 87
5,154,738
Texas Chiropractic College Foundation 54
4,497,286
New York Chiropractic College 50
3,964,399
Palmer College of Chiropractic - West 51
3,850,084
Cleveland Chiropractic College (California) 52
3,222,429
Life College - West 53
3,211,527
Logan College of Chiropractic 53
3,162,987
National College of Chiropractic 39
2,256,036
Western States Chiropractic College 29
2,250,945
Parker College of Chiropractic 27
2,114,538
Northwestern College of Chiropractic 17
   981,599
Individuals not included in above totals 37
3,992,827
   
Total chiropractic defaults (10/27/99)  893 
69,434,733
Total defaults from all schools (10/27/99) 1,646   
147,365,228
Chiropractic percentage of defaults 54%
47%

School  Number of Loans
Total Amount 
     
Life University 83
$ 12,104,292
Life College - West 56
3,748,282
Palmer College of Chiropractic - West 48
3,612,562
Cleveland Chiropractic College (Los Angeles) 38
3,415,305
New York Chiropractic College 28
3,334,062
Palmer College of Chiropractic 39
3,332,890
Southern California College of Chiropractic 28
2,797,650
Logan College of Chiropractic 26
2,612,564
Texas Chiropractic College Foundation 28
2,492,753
Cleveland Chiropractic College (Kansas City) 23
2,054,676
Parker College of Chiropractic 27
1,962,617
National College of Chiropractic 21
1,344,512
Western States Chiropractic College 11
1,306,594
Northwestern College of Chiropractic 11
980,335
Individuals not included in above totals 74
6,797,622
     
Total chiropractic defaults (5/1/10)     541
51,896,716
Total defaults from all schools (5/1/10 ) 1,004
122,777,499
Chiropractic percentage of defaults 53.8%
42.3%

School (data from October 2011)  Number of Loans
Total Amount 
     
Life University 83
$ 12,655,117
Life College - West 56
3,803,672
Palmer College of Chiropractic - West 44
3,529,681
Cleveland Chiropractic College (Los Angeles) 43
3,977,640
New York Chiropractic College 25
3,325,095
Palmer College of Chiropractic (Iowa) 35
3,103,164
Southern California College of Chiropractic 28
2,939,678
Logan College of Chiropractic 26
2,674,854
Texas Chiropractic College Foundation 26
2,328,738
Cleveland Chiropractic College (Kansas City) 21
1,885,628
Parker College of Chiropractic 23
1,853,258
National College of Chiropractic 19
1,334,836
Western States Chiropractic College 10
1,005,283
Northwestern College of Chiropractic 10
886,663
Individuals not included in above totals n/a
n/a
     
Total chiropractic defaults (1/30/12) 499
48,778,530
Total defaults from all schools 1/30/12 ) 945
118,319,887
Chiropractic percentage of defaults 52.8%
41.23%

This page was revised on February 18, 2013.

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