by our College Data Analytics TeamHere you will find what students actually borrow to attend La James International College-Johnston— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at La James International College-Johnston, 61% of new students use loans toward freshman-year expenses, at roughly $5,609 per student, private and federal loans combined.
The typical federal loan comes to $5,117, equal to roughly 93.0% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at La James International College-Johnston, freshmen included, 67% use federal student loans to help pay for their education, borrowing on average $6,668 annually. This works out to 30.3% greater than the $5,117 freshmen take on.
Borrowing at that rate every year works out to about $13,336 after two years and $26,672 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 67% |
| Average federal loan per year | $6,668 |
| Undergraduates with a federal loan | 125 |
| Total federal loans (one year) | $833,504 |
Graduating and withdrawing students at La James International College-Johnston carry a median federal debt of $7,917 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,917 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for La James International College-Johnston.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,584 |
| 25th percentile | $5,500 |
| 75th percentile | $16,467 |
| 90th percentile (highest-debt students) | $20,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at La James International College-Johnston.
Repayment burden translates the debt figures into what a borrower actually pays each month. La James International College-Johnston.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for La James International College-Johnston follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.2% |
| Borrowers in the cohort | 156 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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?
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.