by our College Data Analytics TeamHere you will find what students actually borrow to attend Delta College Inc— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Delta College Inc specifically, 81% of freshmen borrow to help pay for their first year, at roughly $4,873 per student, private and federal loans combined.
The average federal loan is $4,873, representing 88.6% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at Delta College Inc, freshmen included, 64% finance part of their studies with federal loans, borrowing on average $4,676 in federal loans per year. That amounts to 4.0% below the freshman federal average of $4,873.
Borrowing at that rate every year works out to about $9,352 in two years and roughly $18,704 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 64% |
| Average federal loan per year | $4,676 |
| Undergraduates with a federal loan | 176 |
| Total federal loans (one year) | $823,014 |
The median student at Delta College Inc borrows $6,200 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,200 |
| Students who completed (graduates) | $6,397 |
| Students who withdrew | $3,150 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Delta College Inc.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,850 |
| 25th percentile | $4,004 |
| 75th percentile | $7,667 |
| 90th percentile (highest-debt students) | $10,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Delta College Inc.
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 Delta College Inc.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 34 | $8,327 |
The indicators below describe what the typical debt costs to pay back at Delta College Inc.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Delta College Inc appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.8% |
| Borrowers in the cohort | 281 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,200 |
| Middle income | $5,945 |
| High income | $7,682 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,200 |
| Continuing-generation students | $6,200 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,397 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Delta College Inc.
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.
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.