by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Andrew College: 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 Andrew College specifically, 69% of first-year students take on loan debt, at roughly $8,191 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $5,590. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Among all degree-seeking undergrads at Andrew College, 77% use federal student loans to help pay for their education, with a mean of $6,158 per year. This is 10.2% greater than the first-year federal average of $5,590.
Borrowing at that rate every year works out to about $12,316 in two years and roughly $24,632 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 77% |
| Average federal loan per year | $6,158 |
| Undergraduates with a federal loan | 225 |
| Total federal loans (one year) | $1,385,556 |
Graduating and withdrawing students at Andrew College carry a median federal debt of $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $12,533 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Andrew College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $14,250 |
| 90th percentile (highest-debt students) | $20,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Andrew College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Andrew College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 71 | $10,000 |
| Completed (graduates) | 24 | $14,952 |
| Did not complete | 47 | $8,950 |
On a standard 10-year plan, the median completing borrower would pay about $177.8/mo.
These figures turn the debt totals into a monthly repayment picture for Andrew College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Andrew College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.7% |
| Borrowers in the cohort | 123 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,500 |
| Middle income | $9,500 |
| High income | $9,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $11,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,000 |
| Independent students | $14,250 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Andrew College.
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.