by our College Data Analytics TeamThis page focuses on the debt students take on to attend County College of Morris— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at County College of Morris, 20% of incoming undergraduates borrow in year one, borrowing on average $5,234 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $4,850, which is 88.2% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at County College of Morris, freshmen included, 16% rely on federal student loans toward their education, with a mean of $4,753 a year. That is 2.0% smaller than the freshman federal average of $4,850.
At a steady annual pace, that totals around $9,506 in two years and roughly $19,012 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 16% |
| Average federal loan per year | $4,753 |
| Undergraduates with a federal loan | 858 |
| Total federal loans (one year) | $4,077,936 |
Graduating and withdrawing students at County College of Morris carry a median federal debt of $5,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,750 |
| Students who completed (graduates) | $9,000 |
| Students who withdrew | $5,500 |
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 County College of Morris.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,500 |
| 75th percentile | $10,000 |
| 90th percentile (highest-debt students) | $14,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at County College of Morris.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for County College of Morris.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 533 | $19,000 |
| Completed (graduates) | 107 | $18,000 |
| Did not complete | 426 | $19,417 |
On a standard 10-year plan, the median completing borrower would pay about $214.04/mo.
Federal data lets us separate Stafford borrowers from the rest at County College of Morris.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 508 | $19,519 |
| No Stafford loan | 25 | $10,500 |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 204 | $13,490 |
| No Stafford loan this year | 329 | $22,013 |
These figures turn the debt totals into a monthly repayment picture for County College of Morris.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for County College of Morris follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.0% |
| Borrowers in the cohort | 753 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,500 |
| Middle income | $5,500 |
| High income | $7,026 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,768 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,020 |
| Independent students | $5,500 |
Federal data publishes the following gap measures for County College of Morris.
Subsidized vs. 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.