by our College Data Analytics TeamThis page focuses on the debt students take on to attend Delta State University: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Delta State University, 58% of incoming undergraduates borrow in year one, with a typical loan of $7,795 each, across private and federal loan sources.
The average federally funded loan is $5,950. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Delta State University, 54% borrow through federal student loan programs, borrowing on average $7,380 each per year. It comes to 24.0% more than the $5,950 typical freshmen borrow.
Repeating that yearly amount projects to about $14,760 over two years and about $29,520 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 54% |
| Average federal loan per year | $7,380 |
| Undergraduates with a federal loan | 870 |
| Total federal loans (one year) | $6,420,885 |
Graduating and withdrawing students at Delta State University carry a median federal debt of $15,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,000 |
| Students who completed (graduates) | $20,390 |
| Students who withdrew | $7,720 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $22,450 |
| 90th percentile (highest-debt students) | $31,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Delta State 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 Delta State University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 613 | $11,291 |
| Completed (graduates) | 309 | $10,568 |
| Did not complete | 304 | $11,854 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $125.66/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 Delta State University.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 459 | $10,000 |
| No Stafford loan this year | 154 | $19,014 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Delta State University.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Delta State University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.5% |
| Borrowers in the cohort | 1139 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,000 |
| Middle income | $15,000 |
| High income | $14,806 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $16,067 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Delta State University.
Subsidized and 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.
Important to Remember
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.