by our College Data Analytics TeamThis page focuses on the debt students take on to attend Clarendon College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Clarendon College, 19% of incoming students take out a loan to help cover first-year costs, with a typical loan of $5,086 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $5,015, amounting to 91.2% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Clarendon College, 12% rely on federal student loans toward their education, for a typical $5,528 in federal loans per year. This works out to 10.2% larger than the $5,015 typical freshmen borrow.
Borrowing at that rate every year works out to about $11,056 across two years and $22,112 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 | 12% |
| Average federal loan per year | $5,528 |
| Undergraduates with a federal loan | 169 |
| Total federal loans (one year) | $934,197 |
The middle borrower at Clarendon College owes $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $11,000 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Clarendon College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,675 |
| 25th percentile | $2,750 |
| 75th percentile | $11,684 |
| 90th percentile (highest-debt students) | $19,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Clarendon College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Clarendon College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 118 | $10,569 |
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Clarendon College.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 18 | — |
| No Stafford loan this year | 100 | — |
The indicators below describe what the typical debt costs to pay back at Clarendon College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Clarendon College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.2% |
| Borrowers in the cohort | 318 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,023 |
| Middle income | $6,348 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,023 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,306 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Clarendon College.
The Difference Between Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
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.