by our College Data Analytics TeamThis page focuses on the debt students take on to attend Danville Community College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Danville Community College specifically, 6% of incoming students take out a loan to help cover first-year costs, for an average of $4,923 each — a figure that counts both private and federal student loans.
Federal loans alone average $4,923, or about 89.5% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Danville Community College, 7% use federal student loans to help pay for their education, for a typical $5,502 annually. That is 11.8% higher than the $4,923 freshmen take on.
Borrowing at that rate every year works out to about $11,004 in two years and roughly $22,008 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 7% |
| Average federal loan per year | $5,502 |
| Undergraduates with a federal loan | 99 |
| Total federal loans (one year) | $544,666 |
Graduating and withdrawing students at Danville Community College carry a median federal debt of $6,100 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,100 |
| 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.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Danville Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,500 |
| 75th percentile | $8,000 |
| 90th percentile (highest-debt students) | $11,500 |
How wide this percentile range is tells you how much borrowing varies across students at Danville Community College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Danville Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 107 | $10,604 |
| Completed (graduates) | 29 | $6,828 |
| Did not complete | 78 | $11,516 |
On a standard 10-year plan, the median completing borrower would pay about $81.19/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 Danville Community College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 17 | — |
| No Stafford loan this year | 90 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Danville Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Danville Community College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.4% |
| Borrowers in the cohort | 136 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,500 |
| Middle income | $5,500 |
| High income | $6,931 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,288 |
| Continuing-generation students | $5,749 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Danville Community College.
Subsidized and 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?
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.