by our College Data Analytics TeamThis page focuses on the debt students take on to attend Beckfield College-Florence— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
For incoming students at Beckfield College - Florence, 89% of incoming undergraduates borrow in year one, with a typical loan of $6,231 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $6,298. This meets or exceeds the $5,500 cap on first-year federal borrowing for the 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.
Counting every undergraduate at Beckfield College - Florence, 78% finance part of their studies with federal loans, with a mean of $7,900 each per year. That amounts to 25.4% larger than the $6,298 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $15,800 after two years and $31,600 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 78% |
| Average federal loan per year | $7,900 |
| Undergraduates with a federal loan | 476 |
| Total federal loans (one year) | $3,760,594 |
The middle borrower at Beckfield College - Florence owes $13,722 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,722 |
| Students who completed (graduates) | $23,500 |
| Students who withdrew | $7,925 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Beckfield College - Florence.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,668 |
| 75th percentile | $24,734 |
| 90th percentile (highest-debt students) | $33,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Beckfield College - Florence.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Beckfield College - Florence.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 129 | $8,962 |
| Completed (graduates) | 72 | $10,126 |
| Did not complete | 57 | $6,519 |
On a standard 10-year plan, the median completing borrower would pay about $120.41/mo.
The indicators below describe what the typical debt costs to pay back at Beckfield College - Florence.
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 Beckfield College - Florence appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.6% |
| Borrowers in the cohort | 786 |
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 | $12,939 |
| Middle income | $15,834 |
| High income | $16,334 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,721 |
| Continuing-generation students | $15,834 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $14,513 |
Federal data publishes the following gap measures for Beckfield College - Florence.
Subsidized vs. 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.
Important to Remember
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.