by our College Data Analytics TeamHere you will find what students actually borrow to attend Concordia College at Moorhead: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Concordia College Moorhead, 62% of incoming students take out a loan to help cover first-year costs, borrowing on average $10,874 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $5,303, equal to roughly 96.4% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Concordia College Moorhead, freshmen included, 55% finance part of their studies with federal loans, with a mean of $6,299 annually. This is 18.8% more than the freshman federal average of $5,303.
At a steady annual pace, that totals around $12,598 after two years and $25,196 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $6,299 |
| Undergraduates with a federal loan | 955 |
| Total federal loans (one year) | $6,015,610 |
The median student at Concordia College Moorhead borrows $20,895 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $20,895 |
| Students who completed (graduates) | $26,847 |
| Students who withdrew | $8,750 |
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 Concordia College Moorhead.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $28,000 |
| 90th percentile (highest-debt students) | $36,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Concordia College Moorhead.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Concordia College Moorhead.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 131 | $22,992 |
| Completed (graduates) | 86 | $29,471 |
| Did not complete | 45 | $15,100 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $350.44/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Concordia College Moorhead.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Concordia College Moorhead appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 1.4% |
| Borrowers in the cohort | 668 |
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 | $15,875 |
| Middle income | $22,125 |
| High income | $21,488 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,500 |
| Continuing-generation students | $21,475 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,063 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Concordia College Moorhead.
Subsidized vs. 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.
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.