by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Anoka-Ramsey Community College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Anoka-Ramsey Community College-Coon Rapids Campus, 22% of incoming undergraduates borrow in year one, borrowing on average $4,984 per borrower, covering both private and federal loans.
The typical federal loan comes to $4,686, which is 85.2% of the $5,500 first-year federal borrowing limit for a 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.
Among all degree-seeking undergrads at Anoka-Ramsey Community College-Coon Rapids Campus, 27% rely on federal student loans toward their education, with a mean of $5,866 in federal loans per year. It comes to 25.2% greater than the first-year federal average of $4,686.
Borrowing the same amount each year would add up to roughly $11,732 after two years and $23,464 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 27% |
| Average federal loan per year | $5,866 |
| Undergraduates with a federal loan | 1,064 |
| Total federal loans (one year) | $6,240,992 |
Graduating and withdrawing students at Anoka-Ramsey Community College-Coon Rapids Campus carry a median federal debt of $8,750 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,750 |
| Students who completed (graduates) | $13,500 |
| Students who withdrew | $7,056 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Anoka-Ramsey Community College-Coon Rapids Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,162 |
| 25th percentile | $4,000 |
| 75th percentile | $15,750 |
| 90th percentile (highest-debt students) | $28,419 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Anoka-Ramsey Community College-Coon Rapids Campus.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Anoka-Ramsey Community College-Coon Rapids Campus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 363 | $12,892 |
| Completed (graduates) | 89 | $10,441 |
| Did not complete | 274 | $14,814 |
On a standard 10-year plan, the median completing borrower would pay about $124.15/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 Anoka-Ramsey Community College-Coon Rapids Campus.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 163 | $10,000 |
| No Stafford loan this year | 200 | $17,894 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Anoka-Ramsey Community College-Coon Rapids Campus.
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 Anoka-Ramsey Community College-Coon Rapids Campus is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.0% |
| Borrowers in the cohort | 2295 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,812 |
| High income | $6,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,240 |
| Continuing-generation students | $7,860 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $10,638 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Anoka-Ramsey Community College-Coon Rapids Campus.
The Difference Between 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.
Important to Remember
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.