How Did Lansdale School of Business, MCCC Do on College Scorecard?

After President Barack Obama's State of the Union Address in February, the White House has released the College Scorecard.

According to the WhiteHouse.gov website, "College Scorecards in the U.S. Department of Education’s College Affordability and Transparency Center make it easier for you to search for a college that is a good fit for you."

Lansdale School of Business

Students at Lansdale School of Business pay an average of $15,128 after grants and scholarships. According to the White House College Scorecard, families typically borrow $7,470 in Federal student loans, which amounts to about $85.97 a month over 10 years.

However, 22.3 percent of students default on their Federal student loans within three years of entering repayment. The national average is 13.4 percent.

At Lansdale School of Business, 73.2 percents of students graduate and 16.1 percent of students transferred to another institutions.

Montgomery County Community College

According to the White House scorecard, in-state students pay a net price of $7,112 a year to attend MCCC, with campuses in Blue Bell and Pottstown. This is down 4.6 percent from the 2007 to 2009 costs and considered "low" on the scorecard's scale.

Families typically borrow an average of $8,563 for the undergraduate study at MCCC, with student loan payments of about $98.54 a month over 10 years.

However, 13.3 percent of borrowers who graduate from MCCC default on their Federal student loans, just 0.1 percent under the national average.

According to the scorecard, 11.6 percent of students graduated within 150 percent of the expected time frame, and 25.8 percent transferred to another institution. 

Learn more about the White House College Scorecard and research other colleges here.