by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Central Oklahoma College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Central Oklahoma College, 89% of incoming students take out a loan to help cover first-year costs, averaging $5,737 each — a figure that counts both private and federal student loans.
The average federally funded loan is $5,737. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at Central Oklahoma College, 74% use federal student loans to help pay for their education, at an average of $5,377 per year. It comes to 6.3% below the $5,737 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $10,754 across two years and $21,508 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 74% |
| Average federal loan per year | $5,377 |
| Undergraduates with a federal loan | 610 |
| Total federal loans (one year) | $3,280,048 |
The median student at Central Oklahoma College borrows $6,254 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,254 |
| Students who completed (graduates) | $7,883 |
| Students who withdrew | $3,167 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Central Oklahoma College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,644 |
| 25th percentile | $2,750 |
| 75th percentile | $7,811 |
| 90th percentile (highest-debt students) | $9,470 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Central Oklahoma College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Central Oklahoma College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 39 | $6,671 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Central Oklahoma College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Central Oklahoma College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.2% |
| Borrowers in the cohort | 133 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,243 |
| Middle income | $7,356 |
| High income | $4,584 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,252 |
| Continuing-generation students | $6,291 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $6,938 |
Federal data publishes the following gap measures for Central Oklahoma 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
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.