by our College Data Analytics TeamThis page focuses on the debt students take on to attend Allen County Community 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 Allen Community College, 20% of incoming undergraduates borrow in year one, borrowing on average $4,475 per borrower, covering both private and federal loans.
Federal loans alone average $4,442, amounting to 80.8% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at Allen Community College, 19% take out federal student loans, averaging $4,359 annually. This is 1.9% under the first-year federal average of $4,442.
Carrying that yearly figure forward comes to roughly $8,718 across two years and $17,436 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 19% |
| Average federal loan per year | $4,359 |
| Undergraduates with a federal loan | 146 |
| Total federal loans (one year) | $636,448 |
The median student at Allen Community College borrows $5,021 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,021 |
| Students who completed (graduates) | $6,954 |
| Students who withdrew | $4,350 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Allen Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,000 |
| 25th percentile | $1,956 |
| 75th percentile | $8,000 |
| 90th percentile (highest-debt students) | $12,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Allen Community College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Allen Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 223 | $12,600 |
| Completed (graduates) | 28 | $10,000 |
| Did not complete | 195 | $14,474 |
On a standard 10-year plan, the median completing borrower would pay about $118.91/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Allen Community College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 27 | $7,979 |
| No Stafford loan this year | 196 | $14,219 |
These figures turn the debt totals into a monthly repayment picture for Allen Community College.
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 Allen Community College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 18.8% |
| Borrowers in the cohort | 547 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $4,500 |
| Middle income | $4,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,071 |
| Continuing-generation students | $4,690 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $5,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Allen 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.
Did You Know?
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.