by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Barclay 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.
At Barclay College, 37% of incoming students take out a loan to help cover first-year costs, averaging $5,946 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $5,481, representing 99.7% of the typical first-year dependent student borrowing cap of $5,500. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Barclay College, freshmen included, 52% take out federal student loans, for a typical $7,177 each per year. That is 30.9% larger than the first-year federal average of $5,481.
Repeating that yearly amount projects to about $14,354 over two years and about $28,708 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 52% |
| Average federal loan per year | $7,177 |
| Undergraduates with a federal loan | 88 |
| Total federal loans (one year) | $631,600 |
The middle borrower at Barclay College owes $24,320 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $24,320 |
| Students who completed (graduates) | $27,000 |
| Students who withdrew | $7,915 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Barclay College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $4,742 |
| 75th percentile | $28,517 |
| 90th percentile (highest-debt students) | $39,000 |
How wide this percentile range is tells you how much borrowing varies across students at Barclay College.
Repayment burden translates the debt figures into what a borrower actually pays each month. Barclay College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Barclay College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.5% |
| Borrowers in the cohort | 36 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $18,900 |
| Middle income | $24,760 |
| High income | $25,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $24,320 |
| Continuing-generation students | $22,695 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $25,750 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Barclay College.
The Difference Between 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.
Worth Knowing
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.