by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Bellin 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.
For incoming students at Bellin College, 70% of incoming undergraduates borrow in year one, with a typical loan of $8,522 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,149, amounting to 93.6% 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.
Across the full undergraduate body at Bellin College (freshmen included), 63% take out federal student loans, for a typical $6,920 per year. This is 34.4% greater than the freshman federal average of $5,149.
Carrying that yearly figure forward comes to roughly $13,840 in two years and roughly $27,680 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 | 63% |
| Average federal loan per year | $6,920 |
| Undergraduates with a federal loan | 229 |
| Total federal loans (one year) | $1,584,772 |
Graduating and withdrawing students at Bellin College carry a median federal debt of $15,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,000 |
| Students who completed (graduates) | $18,000 |
| Students who withdrew | $6,000 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Bellin College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,000 |
| 75th percentile | $21,500 |
| 90th percentile (highest-debt students) | $29,750 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Bellin College.
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 Bellin College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 62 | $18,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Bellin College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Bellin College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.3% |
| Borrowers in the cohort | 86 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $23,425 |
| Middle income | $17,133 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,980 |
| Continuing-generation students | $15,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $23,097 |
Federal data publishes the following gap measures for Bellin College.
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.
Worth Knowing
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.