Claremore Daily Progress

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January 26, 2014

RSU finding it’s the place to be

Ranked nationally for least amount of student debt, highest in state for retention rates

(Continued)

CLAREMORE —

Data shows RSU students generally take longer than six years — and often upwards of eight years — to complete school. Many RSU students are enrolled only part-time after their freshman year due to work and family constraints. 
More than 70 percent of RSU students work, with the majority of them working 21-30 hours per week.
Hamby said the university has made significant strides to lower its current default rate of 18.2 percent. Default rates are based on the number of students who took out student loans, and have fallen behind on their monthly payments.
He said RSU representatives are projecting that the next annual two-year default rate will drop to 11 percent, which represents a nearly one-third drop when comparing two-year default rates for fiscal year 2009 and 2011. 
These default rates would place RSU below its Oklahoma regional peer universities.

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