by our College Data Analytics TeamThis page focuses on the debt students take on to attend Edgecombe Community College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Edgecombe Community College, 0% of first-year students take on loan debt.
For undergraduates overall at Edgecombe Community College, 31% use federal student loans to help pay for their education, borrowing on average $6,291 a year.
Borrowing at that rate every year works out to about $12,582 across two years and $25,164 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 31% |
| Average federal loan per year | $6,291 |
| Undergraduates with a federal loan | 291 |
| Total federal loans (one year) | $1,830,767 |
Graduating and withdrawing students at Edgecombe Community College carry a median federal debt of $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $15,917 |
| Students who withdrew | $8,831 |
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 Edgecombe Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,122 |
| 25th percentile | $3,750 |
| 75th percentile | $14,557 |
| 90th percentile (highest-debt students) | $24,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Edgecombe Community College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Edgecombe Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 97 | $6,000 |
| Completed (graduates) | 24 | $8,406 |
| Did not complete | 73 | $5,751 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $99.96/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 Edgecombe Community College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 35 | $4,959 |
| No Stafford loan this year | 62 | $6,094 |
The indicators below describe what the typical debt costs to pay back at Edgecombe Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Edgecombe Community College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.7% |
| Borrowers in the cohort | 407 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $5,470 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,961 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,000 |
| Independent students | $10,120 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Edgecombe Community College.
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.
Did You Know?
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.