by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Eastwick College-Hackensack: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
At Eastwick College - Hackensack specifically, 71% of freshmen borrow to help pay for their first year, for an average of $3,845 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $3,845, representing 69.9% of the typical first-year dependent student borrowing cap of $5,500. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Eastwick College - Hackensack, 55% rely on federal student loans toward their education, borrowing on average $6,382 each per year. That amounts to 66.0% above the $3,845 typical freshmen borrow.
Repeating that yearly amount projects to about $12,764 after two years and $25,528 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $6,382 |
| Undergraduates with a federal loan | 483 |
| Total federal loans (one year) | $3,082,554 |
The middle borrower at Eastwick College - Hackensack owes $10,617 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,617 |
| Students who completed (graduates) | $13,264 |
| Students who withdrew | $8,403 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Eastwick College - Hackensack.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,333 |
| 75th percentile | $16,500 |
| 90th percentile (highest-debt students) | $20,709 |
How wide this percentile range is tells you how much borrowing varies across students at Eastwick College - Hackensack.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Eastwick College - Hackensack.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 81 | $7,000 |
| Completed (graduates) | 49 | $7,801 |
| Did not complete | 32 | $5,301 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $92.76/mo.
These figures turn the debt totals into a monthly repayment picture for Eastwick College - Hackensack.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Eastwick College - Hackensack is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.7% |
| Borrowers in the cohort | 523 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $10,202 |
| Middle income | $11,239 |
| High income | $11,306 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,648 |
| Continuing-generation students | $9,604 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,521 |
| Independent students | $11,821 |
Federal data publishes the following gap measures for Eastwick College - Hackensack.
The Difference Between 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.
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.