How Did DeVry, MCCC Do on the 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."

Students at DeVry University in Fort Washington spend an average of $26,700 a year, after grants and scholarships. This is an increase of 5.3 percent from the costs from 2007 to 2009. According to the College Scorecard, families borrow an average of $19,800 in Federal Student Loans, which amounts to $227 a month over 10 years.

However, 24.1 percent of borrowers default on their Federal student loans within three years of beginning repayment, over the national average of 13.4 percent.

At DeVry in Fort Washington, only 28.4 percent of the full time students graduate within six years.

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Montgomery County Community College

According to the White House scorecard, in-state students pay a net price of $7,100 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 $8,600 for the undergraduate study at MCCC, with student loan payments of approximately $99 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. 

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