by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Delgado Community College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Delgado Community College, 37% of freshmen borrow to help pay for their first year, with a typical loan of $6,024 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $6,010. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Delgado Community College, 48% take out federal student loans, averaging $6,773 each per year. This works out to 12.7% larger than the $6,010 freshmen take on.
Borrowing the same amount each year would add up to roughly $13,546 after two years and $27,092 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $6,773 |
| Undergraduates with a federal loan | 5,305 |
| Total federal loans (one year) | $35,928,156 |
The middle borrower at Delgado Community College owes $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $20,198 |
| Students who withdrew | $9,023 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Delgado Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,250 |
| 25th percentile | $3,986 |
| 75th percentile | $19,000 |
| 90th percentile (highest-debt students) | $32,750 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Delgado Community College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Delgado Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1435 | $10,695 |
| Completed (graduates) | 210 | $9,990 |
| Did not complete | 1225 | $10,887 |
On a standard 10-year plan, the median completing borrower would pay about $118.79/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 Delgado Community College.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1410 | $10,500 |
| No Stafford loan | 25 | $19,808 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 706 | $8,049 |
| No Stafford loan this year | 729 | $14,000 |
The indicators below describe what the typical debt costs to pay back at Delgado Community College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Delgado Community College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.2% |
| Borrowers in the cohort | 4739 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,203 |
| Middle income | $9,000 |
| High income | $8,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,745 |
| Continuing-generation students | $9,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,000 |
| Independent students | $11,555 |
Federal data publishes the following gap measures for Delgado Community College.
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
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.