by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Coe College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Coe, 70% of first-year students take on loan debt, averaging $7,389 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $5,602. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Coe, freshmen included, 69% use federal student loans to help pay for their education, at an average of $6,659 a year. That is 18.9% higher than the freshman federal average of $5,602.
Repeating that yearly amount projects to about $13,318 over two years and about $26,636 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 69% |
| Average federal loan per year | $6,659 |
| Undergraduates with a federal loan | 863 |
| Total federal loans (one year) | $5,746,570 |
The median student at Coe borrows $20,496 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $20,496 |
| Students who completed (graduates) | $27,000 |
| Students who withdrew | $8,250 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Coe.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,098 |
| 25th percentile | $10,000 |
| 75th percentile | $31,500 |
| 90th percentile (highest-debt students) | $38,500 |
How wide this percentile range is tells you how much borrowing varies across students at Coe.
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 Coe.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 208 | $23,266 |
| Completed (graduates) | 127 | $30,674 |
| Did not complete | 81 | $12,719 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $364.75/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Coe.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Coe appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.6% |
| Borrowers in the cohort | 305 |
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 | $19,500 |
| Middle income | $18,875 |
| High income | $21,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,500 |
| Continuing-generation students | $20,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,496 |
| Independent students | $21,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Coe.
Subsidized and 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.
Did You Know?
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.