by our College Data Analytics TeamHere you will find what students actually borrow to attend Auburn Career Center: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Auburn Career Center, 15% of freshmen borrow to help pay for their first year, borrowing on average $5,242 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $5,242, or about 95.3% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at Auburn Career Center (freshmen included), 8% borrow through federal student loan programs, borrowing on average $5,242 each per year.
Repeating that yearly amount projects to about $10,484 by year two and around $20,968 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 8% |
| Average federal loan per year | $5,242 |
| Undergraduates with a federal loan | 32 |
| Total federal loans (one year) | $167,740 |
The median student at Auburn Career Center borrows $6,348 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,348 |
| Students who completed (graduates) | $6,365 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Auburn Career Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,586 |
| 25th percentile | $4,063 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $12,667 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Auburn Career Center.
These figures turn the debt totals into a monthly repayment picture for Auburn Career Center.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,365 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,070 |
| Independent students | $6,365 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Auburn Career Center.
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Did You Know?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.