by our College Data Analytics TeamThis page focuses on the debt students take on to attend Eastern New Mexico University-Roswell Campus— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at ENMU - Roswell Campus, 1% of first-year students take on loan debt, at roughly $4,578 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $4,578, which is 83.2% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at ENMU - Roswell Campus, 2% use federal student loans to help pay for their education, borrowing on average $4,993 annually. That is 9.1% larger than the $4,578 freshmen take on.
Borrowing the same amount each year would add up to roughly $9,986 by year two and around $19,972 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 2% |
| Average federal loan per year | $4,993 |
| Undergraduates with a federal loan | 31 |
| Total federal loans (one year) | $154,794 |
The median student at ENMU - Roswell Campus borrows $11,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,000 |
| Students who completed (graduates) | $16,500 |
| Students who withdrew | $7,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for ENMU - Roswell 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 |
How wide this percentile range is tells you how much borrowing varies across students at ENMU - Roswell Campus.
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 ENMU - Roswell Campus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 289 | $12,000 |
| Completed (graduates) | 115 | $13,200 |
| Did not complete | 174 | $10,214 |
On a standard 10-year plan, the median completing borrower would pay about $156.96/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at ENMU - Roswell Campus.
Current-Year Stafford Borrowers
| 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 - Roswell Campus.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for ENMU - Roswell Campus appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 14.8% |
| Borrowers in the cohort | 1264 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| 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 |
By Dependency Status
| 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 - Roswell Campus.
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.
Important to Remember
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.