by our College Data Analytics TeamHere you will find what students actually borrow to attend Bryan College-Dayton: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Among first-year students at William Jennings Bryan College, 55% of incoming students take out a loan to help cover first-year costs, for an average of $5,183 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $4,762, which is 86.6% of the $5,500 first-year federal borrowing limit for a 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 William Jennings Bryan College, 44% rely on federal student loans toward their education, at an average of $6,105 a year. This works out to 28.2% higher than the $4,762 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $12,210 in two years and roughly $24,420 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 44% |
| Average federal loan per year | $6,105 |
| Undergraduates with a federal loan | 370 |
| Total federal loans (one year) | $2,258,851 |
Graduating and withdrawing students at William Jennings Bryan College carry a median federal debt of $13,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,000 |
| Students who completed (graduates) | $23,000 |
| Students who withdrew | $6,800 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 William Jennings Bryan College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $20,520 |
| 90th percentile (highest-debt students) | $27,138 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at William Jennings Bryan 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 William Jennings Bryan College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 118 | $12,067 |
| Completed (graduates) | 52 | $16,924 |
| Did not complete | 66 | $9,928 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $201.24/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at William Jennings Bryan College.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 107 | — |
| No Stafford loan this year | 11 | — |
The indicators below describe what the typical debt costs to pay back at William Jennings Bryan College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for William Jennings Bryan College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.4% |
| Borrowers in the cohort | 403 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,000 |
| High income | $16,245 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,767 |
| Continuing-generation students | $14,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $13,626 |
Federal data publishes the following gap measures for William Jennings Bryan 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
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.