by our College Data Analytics TeamHere you will find what students actually borrow to attend Butler Community College: 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.
At Butler CC specifically, 24% of incoming students take out a loan to help cover first-year costs, with a typical loan of $5,410 per borrower, covering both private and federal loans.
On the federal side, the average loan is $5,376, representing 97.7% 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.
For undergraduates overall at Butler CC, 20% rely on federal student loans toward their education, borrowing on average $5,883 annually. This is 9.4% larger than the $5,376 borrowed by freshmen.
Repeating that yearly amount projects to about $11,766 over two years and about $23,532 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 20% |
| Average federal loan per year | $5,883 |
| Undergraduates with a federal loan | 1,160 |
| Total federal loans (one year) | $6,823,899 |
The median student at Butler CC borrows $6,680 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,680 |
| Students who completed (graduates) | $10,500 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Butler CC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $11,249 |
| 90th percentile (highest-debt students) | $20,995 |
How wide this percentile range is tells you how much borrowing varies across students at Butler CC.
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 Butler CC.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 631 | $10,426 |
| Completed (graduates) | 95 | $7,719 |
| Did not complete | 536 | $10,963 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $91.79/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 Butler CC.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 619 | — |
| No Stafford loan | 12 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 220 | $7,062 |
| No Stafford loan this year | 411 | $13,183 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Butler CC.
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 Butler CC follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.0% |
| Borrowers in the cohort | 1860 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,000 |
| Middle income | $6,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,750 |
| Continuing-generation students | $6,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Butler CC.
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
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.