by our College Data Analytics TeamThis page focuses on the debt students take on to attend Barry University, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At Barry University specifically, 67% of freshmen borrow to help pay for their first year, at roughly $7,066 each, across private and federal loan sources.
On the federal side, the average loan is $5,200, amounting to 94.5% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Barry University (freshmen included), 62% borrow through federal student loan programs, averaging $6,879 in federal loans per year. That is 32.3% above the freshman federal average of $5,200.
Borrowing at that rate every year works out to about $13,758 over two years and about $27,516 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 62% |
| Average federal loan per year | $6,879 |
| Undergraduates with a federal loan | 1,396 |
| Total federal loans (one year) | $9,603,400 |
The median student at Barry University borrows $15,750 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,750 |
| Students who completed (graduates) | $26,997 |
| Students who withdrew | $8,250 |
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 Barry University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,225 |
| 25th percentile | $7,500 |
| 75th percentile | $31,250 |
| 90th percentile (highest-debt students) | $42,750 |
How wide this percentile range is tells you how much borrowing varies across students at Barry University.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Barry University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 852 | $12,399 |
| Completed (graduates) | 475 | $14,569 |
| Did not complete | 377 | $11,000 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $173.24/mo.
Federal data lets us separate Stafford borrowers from the rest at Barry University.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 732 | $12,567 |
| No Stafford loan this year | 120 | $11,155 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Barry University.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Barry University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.0% |
| Borrowers in the cohort | 3093 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $15,750 |
| Middle income | $15,497 |
| High income | $15,250 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,150 |
| Continuing-generation students | $18,220 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $25,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Barry University.
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.
Worth Knowing
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.