by our College Data Analytics TeamThis page focuses on the debt students take on to attend Rob Roy Academy-Taunton: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
At Rob Roy Academy-Taunton specifically, 88% of freshmen borrow to help pay for their first year, borrowing on average $7,643 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $7,643. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. 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 Rob Roy Academy-Taunton, freshmen included, 65% take out federal student loans, at an average of $6,465 per year. That is 15.4% lower than the freshman federal average of $7,643.
Borrowing the same amount each year would add up to roughly $12,930 after two years and $25,860 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 | 65% |
| Average federal loan per year | $6,465 |
| Undergraduates with a federal loan | 22 |
| Total federal loans (one year) | $142,233 |
The middle borrower at Rob Roy Academy-Taunton owes $5,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for Rob Roy Academy-Taunton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,500 |
| 75th percentile | $5,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Rob Roy Academy-Taunton.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Rob Roy Academy-Taunton is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.9% |
| Borrowers in the cohort | 55 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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
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.