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Table 5
Loans Purchased
State Fiscal Year ($ thousands)
|
| |
1997-98 |
1998-99 |
1999-00 |
2000-01 |
2001-02 |
| Loans Purchased |
$196,935 |
$220,515 |
$159,408 |
$186,252 |
$221,076 |
| Outstanding Balance of Guaranteed Loans
in Repayment |
$6,335,674 |
$6,951,970 |
$7,214,831 |
$8,524,813 |
$9,301,516 |
| Loans Purchased as a Percent of Guaranteed
Loans in Repayment |
3.1% |
3.2% |
2.2% |
2.2% |
2.4% |
| Defaulted federal loans purchased by HESC grew
by 18.7% to $221 million, while loans in repayment expanded by 9.2%
to $9.3 billion. |
| The dollar value of Federal defaulted loans purchased
by HESC grew by $35 million, continuing a two-year upswing in defaults. |
Last Modified on November 01, 2002
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