by our College Data Analytics TeamHere you will find what students actually borrow to attend Albertus Magnus College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Albertus Magnus, 78% of incoming students take out a loan to help cover first-year costs, for an average of $11,601 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $9,222. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Albertus Magnus, 74% borrow through federal student loan programs, for a typical $10,114 each per year. It comes to 9.7% larger than the $9,222 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $20,228 over two years and about $40,456 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 74% |
| Average federal loan per year | $10,114 |
| Undergraduates with a federal loan | 656 |
| Total federal loans (one year) | $6,634,462 |
The middle borrower at Albertus Magnus owes $25,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $25,000 |
| Students who completed (graduates) | $30,964 |
| Students who withdrew | $10,063 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Albertus Magnus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,500 |
| 75th percentile | $34,642 |
| 90th percentile (highest-debt students) | $46,062 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Albertus Magnus.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Albertus Magnus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 234 | $12,472 |
| Completed (graduates) | 132 | $13,060 |
| Did not complete | 102 | $11,253 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $155.3/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Albertus Magnus.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 213 | $12,500 |
| No Stafford loan this year | 21 | $8,362 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Albertus Magnus.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Albertus Magnus follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.1% |
| Borrowers in the cohort | 684 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $27,000 |
| High income | $19,374 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,000 |
| Continuing-generation students | $23,588 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $29,552 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Albertus Magnus.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Did You Know?
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.