by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Oregon Coast Community College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Oregon Coast Community College specifically, 33% of first-year students take on loan debt, with a typical loan of $5,377 per student, private and federal loans combined.
The typical federal loan comes to $5,752. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Among all degree-seeking undergrads at Oregon Coast Community College, 27% rely on federal student loans toward their education, at an average of $8,245 in federal loans per year. This is 43.3% above the first-year federal average of $5,752.
Carrying that yearly figure forward comes to roughly $16,490 over two years and about $32,980 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 27% |
| Average federal loan per year | $8,245 |
| Undergraduates with a federal loan | 87 |
| Total federal loans (one year) | $717,300 |
The median student at Oregon Coast Community College borrows $6,334 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,334 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Oregon Coast Community College.
The Difference Between 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.
Worth Knowing
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.