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Walsh Student Loan Default Rate Drops for Second Consecutive 3-Year Term

TROY, Mich., Oct. 1, 2019 — The U.S. Department of Education released its three-year student loan default rate and Walsh’s rate has dropped more than a full percentage point to 2.3%, compared to 11.5% across Michigan and 10.1% nationally. Walsh’s student loan default rate has consistently fallen below both the Michigan and national averages for many years.

“Our students tend to be very fiscally conscious and only borrow what they need to cover tuition and fees,” said Catherine Berrahou, director of financial aid. “In some cases, that amount may be less than the original amount in their financial aid offer, but they don’t want to borrow more than they need to.”

Walsh is an upper-division institution offering internationally and nationally ranked business and technology programs. Bachelor’s and master’s degrees, a doctoral program and graduate-level business certificates are available. Walsh has partnered with community colleges for more than 50 years to offer students a cost-effective pathway to a bachelor’s degree. Students starting at community college and transferring to Walsh to finish their bachelor’s degree can save between $35,000-60,000 on tuition, compared to four-year public and private institutions.

For more information about Walsh, visit

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Walsh is an all-business, private, independent, not-for-profit, fully accredited college offering undergraduate and graduate business and technology degrees, as well as certificate programs. Founded in 1922, Walsh is one of Southeast Michigan’s largest graduate business schools, offering classes in several locations and online. Our nationally-ranked programs integrate theory and application to prepare graduates for successful careers. Walsh degree programs include accounting, finance, information technology, human resources, management, marketing, taxation and other fields. For more information, please visit

Walsh is accredited by the Higher Learning Commission ( and the Accreditation Council for Business Schools & Programs (