by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Davenport University, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Davenport University, 59% of new students use loans toward freshman-year expenses, averaging $11,012 each — a figure that counts both private and federal student loans.
The average federally funded loan is $8,923. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Davenport University (freshmen included), 55% take out federal student loans, averaging $10,009 in federal loans per year. That is 12.2% higher than the $8,923 typical freshmen borrow.
Repeating that yearly amount projects to about $20,018 in two years and roughly $40,036 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $10,009 |
| Undergraduates with a federal loan | 1,755 |
| Total federal loans (one year) | $17,566,274 |
The middle borrower at Davenport University owes $17,353 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $17,353 |
| Students who completed (graduates) | $26,000 |
| Students who withdrew | $10,000 |
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 Davenport University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,800 |
| 25th percentile | $6,314 |
| 75th percentile | $32,250 |
| 90th percentile (highest-debt students) | $47,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Davenport University.
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 Davenport University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 990 | $15,000 |
| Completed (graduates) | 503 | $18,037 |
| Did not complete | 487 | $12,888 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $214.48/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Davenport University.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 978 | — |
| No Stafford loan | 12 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 868 | $15,610 |
| No Stafford loan this year | 122 | $11,586 |
The indicators below describe what the typical debt costs to pay back at Davenport University.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Davenport University is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.7% |
| Borrowers in the cohort | 5484 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $18,000 |
| Middle income | $17,500 |
| High income | $15,813 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,044 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,250 |
| Independent students | $18,750 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Davenport University.
The Difference Between Subsidized and 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.
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.