by our College Data Analytics TeamThis page focuses on the debt students take on to attend Carteret Community 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.
Looking at the entering class at Carteret Community College, 0% of freshmen borrow to help pay for their first year.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
Graduating and withdrawing students at Carteret Community College carry a median federal debt of $4,625 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,625 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Carteret Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $1,750 |
| 75th percentile | $6,000 |
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 Carteret Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 39 | $11,600 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Carteret Community College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Carteret Community College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 28.6% |
| Borrowers in the cohort | 150 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Subsidized and 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?
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.