by our College Data Analytics TeamHere you will find what students actually borrow to attend Eastern New Mexico University-Main Campus, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At ENMU - Main Campus specifically, 21% of freshmen borrow to help pay for their first year, averaging $4,980 each, across private and federal loan sources.
Federal loans alone average $4,696, which is 85.4% of the typical first-year dependent student borrowing cap of $5,500. 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 ENMU - Main Campus, 24% rely on federal student loans toward their education, with a mean of $6,662 per year. This works out to 41.9% higher than the $4,696 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $13,324 after two years and $26,648 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 24% |
| Average federal loan per year | $6,662 |
| Undergraduates with a federal loan | 770 |
| Total federal loans (one year) | $5,129,704 |
The middle borrower at ENMU - Main Campus owes $11,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,000 |
| Students who completed (graduates) | $16,500 |
| Students who withdrew | $7,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for ENMU - Main Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,150 |
| 25th percentile | $3,550 |
| 75th percentile | $18,484 |
| 90th percentile (highest-debt students) | $29,849 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at ENMU - Main Campus.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for ENMU - Main Campus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 289 | $12,000 |
| Completed (graduates) | 115 | $13,200 |
| Did not complete | 174 | $10,214 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $156.96/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 ENMU - Main Campus.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 143 | $11,911 |
| No Stafford loan this year | 146 | $12,000 |
The indicators below describe what the typical debt costs to pay back at ENMU - Main Campus.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for ENMU - Main Campus follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 14.8% |
| Borrowers in the cohort | 1264 |
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 | $10,752 |
| Middle income | $11,000 |
| High income | $11,512 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $11,473 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,382 |
| Independent students | $12,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at ENMU - Main Campus.
Subsidized vs. 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.
Important to Remember
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.