Schools in the southern half of the state tend to have higher default rates than schools in the northern half of the state, according to the data.

There were no institutions in northern Arkansas that were part of the top ten highest default rates. Meanwhile, on the list of top ten lowest default rates, five of the schools were located in the northern half of the state. 

Moreover, it is mainly beauty schools and public institutions that have the higher default rates. Arkansas College of Barbering and Hair Design had the highest rate at 31 percent. Private institutions, such as Hendrix College, with a default rate of 3.8 percent, and Lyon College, with a rate of 6.7 percent, had some of the lowest default rates.