by our College Data Analytics TeamThis page focuses on the debt students take on to attend Alice Lloyd College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Alice Lloyd, 46% of incoming undergraduates borrow in year one, with a typical loan of $4,029 each, across private and federal loan sources.
The average federally funded loan is $3,942, equal to roughly 71.7% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at Alice Lloyd, 46% use federal student loans to help pay for their education, borrowing on average $4,753 in federal loans per year. That is 20.6% greater than the first-year federal average of $3,942.
Borrowing the same amount each year would add up to roughly $9,506 by year two and around $19,012 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 46% |
| Average federal loan per year | $4,753 |
| Undergraduates with a federal loan | 246 |
| Total federal loans (one year) | $1,169,350 |
The median student at Alice Lloyd borrows $7,990 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,990 |
| Students who completed (graduates) | $19,599 |
| Students who withdrew | $5,148 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Alice Lloyd.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,150 |
| 75th percentile | $17,268 |
| 90th percentile (highest-debt students) | $25,050 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Alice Lloyd.
Repayment burden translates the debt figures into what a borrower actually pays each month. Alice Lloyd.
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 Alice Lloyd is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.8% |
| Borrowers in the cohort | 103 |
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 | $7,150 |
| Middle income | $8,750 |
| High income | $8,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,250 |
| Continuing-generation students | $6,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,755 |
| Independent students | $9,495 |
Federal data publishes the following gap measures for Alice Lloyd.
Subsidized vs. 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.
Important to Remember
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.