by our College Data Analytics TeamHere you will find what students actually borrow to attend Craven Community College: 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 Craven Community College, 1% of incoming students take out a loan to help cover first-year costs, averaging $13,611 per student, private and federal loans combined.
Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
Graduating and withdrawing students at Craven Community College carry a median federal debt of $5,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Craven Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,634 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $15,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Craven Community College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Craven Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 131 | $11,136 |
| Completed (graduates) | 30 | $9,850 |
| Did not complete | 101 | $12,300 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $117.13/mo.
These figures turn the debt totals into a monthly repayment picture for Craven Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Craven Community College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.6% |
| Borrowers in the cohort | 147 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,800 |
| Independent students | $9,500 |
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Important to Remember
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.