by our College Data Analytics TeamThis page focuses on the debt students take on to attend Blake Austin College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
At Blake Austin College specifically, 49% of incoming students take out a loan to help cover first-year costs, averaging $5,302 per borrower, covering both private and federal loans.
The average federal loan is $5,302, amounting to 96.4% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at Blake Austin College, freshmen included, 59% borrow through federal student loan programs, with a mean of $6,464 in federal loans per year. That amounts to 21.9% larger than the $5,302 freshmen take on.
At a steady annual pace, that totals around $12,928 across two years and $25,856 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 59% |
| Average federal loan per year | $6,464 |
| Undergraduates with a federal loan | 197 |
| Total federal loans (one year) | $1,273,342 |
Graduating and withdrawing students at Blake Austin College carry a median federal debt of $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $10,249 |
| Students who withdrew | $4,433 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Blake Austin College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $5,500 |
| 75th percentile | $13,599 |
| 90th percentile (highest-debt students) | $17,900 |
How wide this percentile range is tells you how much borrowing varies across students at Blake Austin College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Blake Austin College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 107 | $11,552 |
The indicators below describe what the typical debt costs to pay back at Blake Austin College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Blake Austin College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.0% |
| Borrowers in the cohort | 186 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,815 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $10,057 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,112 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Blake Austin College.
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
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.