by our College Data Analytics TeamHere you will find what students actually borrow to attend Bacone College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
The middle borrower at Bacone College owes $12,832 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,832 |
| Students who completed (graduates) | $26,187 |
| Students who withdrew | $10,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Bacone College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $21,500 |
| 90th percentile (highest-debt students) | $37,845 |
How wide this percentile range is tells you how much borrowing varies across students at Bacone College.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Bacone College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 34 | $12,000 |
The indicators below describe what the typical debt costs to pay back at Bacone College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Bacone College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 19.8% |
| Borrowers in the cohort | 488 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,000 |
| Middle income | $12,944 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,998 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $18,373 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Bacone College.
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Worth Knowing
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.