by our College Data Analytics TeamThis page focuses on the debt students take on to attend Concord University— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Concord University, 45% of freshmen borrow to help pay for their first year, borrowing on average $6,624 per borrower, covering both private and federal loans.
The average federal loan is $6,575. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. 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 Concord University, 49% use federal student loans to help pay for their education, borrowing on average $7,290 annually. It comes to 10.9% above the first-year federal average of $6,575.
Repeating that yearly amount projects to about $14,580 in two years and roughly $29,160 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 49% |
| Average federal loan per year | $7,290 |
| Undergraduates with a federal loan | 682 |
| Total federal loans (one year) | $4,971,777 |
The middle borrower at Concord University owes $11,250 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,250 |
| Students who completed (graduates) | $18,900 |
| Students who withdrew | $6,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Concord University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $23,031 |
| 90th percentile (highest-debt students) | $33,620 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Concord University.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Concord University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 237 | $9,328 |
| Completed (graduates) | 80 | $11,844 |
| Did not complete | 157 | $7,925 |
On a standard 10-year plan, the median completing borrower would pay about $140.84/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Concord University.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 192 | $9,839 |
| No Stafford loan this year | 45 | $8,700 |
The indicators below describe what the typical debt costs to pay back at Concord University.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Concord University appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.0% |
| Borrowers in the cohort | 665 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $11,207 |
| Middle income | $10,560 |
| High income | $11,825 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,039 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,096 |
| Independent students | $13,750 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Concord University.
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?
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.