by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Eastwick College-Ramsey: 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 - Ramsey specifically, 66% of new students use loans toward freshman-year expenses, at roughly $8,164 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $7,247. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. 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 Eastwick College - Ramsey, freshmen included, 69% use federal student loans to help pay for their education, averaging $7,694 per year. It comes to 6.2% more than the first-year federal average of $7,247.
Borrowing the same amount each year would add up to roughly $15,388 in two years and roughly $30,776 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 69% |
| Average federal loan per year | $7,694 |
| Undergraduates with a federal loan | 644 |
| Total federal loans (one year) | $4,954,862 |
The middle borrower at Eastwick College - Ramsey owes $13,771 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,771 |
| Students who completed (graduates) | $16,084 |
| Students who withdrew | $7,902 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Eastwick College - Ramsey.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $9,228 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $24,564 |
How wide this percentile range is tells you how much borrowing varies across students at Eastwick College - Ramsey.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Eastwick College - Ramsey.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 154 | $11,609 |
| Completed (graduates) | 116 | $12,055 |
| Did not complete | 38 | $10,675 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $143.35/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Eastwick College - Ramsey.
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 Eastwick College - Ramsey appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.5% |
| Borrowers in the cohort | 522 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $13,771 |
| Middle income | $14,003 |
| High income | $13,705 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,315 |
| Continuing-generation students | $15,254 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $14,873 |
Federal data publishes the following gap measures for Eastwick College - Ramsey.
Subsidized vs. 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.
Did You Know?
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.