by our College Data Analytics TeamThis page focuses on the debt students take on to attend Coppin State University: 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.
At Coppin specifically, 42% of incoming students take out a loan to help cover first-year costs, averaging $5,352 each, across private and federal loan sources.
The average federally funded loan is $4,995, representing 90.8% of the typical first-year dependent student borrowing cap of $5,500. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at Coppin, 37% take out federal student loans, borrowing on average $6,375 per year. That amounts to 27.6% greater than the $4,995 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $12,750 after two years and $25,500 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 37% |
| Average federal loan per year | $6,375 |
| Undergraduates with a federal loan | 654 |
| Total federal loans (one year) | $4,168,978 |
The median student at Coppin borrows $15,606 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,606 |
| Students who completed (graduates) | $25,000 |
| Students who withdrew | $11,000 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Coppin.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $6,407 |
| 75th percentile | $26,818 |
| 90th percentile (highest-debt students) | $35,568 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Coppin.
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 Coppin.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 303 | $13,872 |
| Completed (graduates) | 101 | $14,554 |
| Did not complete | 202 | $13,218 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $173.06/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Coppin.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 267 | $13,863 |
| No Stafford loan this year | 36 | $16,324 |
The indicators below describe what the typical debt costs to pay back at Coppin.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Coppin is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 19.4% |
| Borrowers in the cohort | 961 |
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 | $15,750 |
| Middle income | $15,750 |
| High income | $14,750 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,500 |
| Continuing-generation students | $16,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,500 |
| Independent students | $19,250 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Coppin.
The Difference Between 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.
Worth Knowing
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.