by our College Data Analytics TeamHere you will find what students actually borrow to attend Edgewood College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Edgewood, 68% of first-year students take on loan debt, with a typical loan of $8,489 per student, private and federal loans combined.
On the federal side, the average loan is $5,117, amounting to 93.0% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Among all degree-seeking undergrads at Edgewood, 63% rely on federal student loans toward their education, with a mean of $6,323 annually. That is 23.6% larger than the $5,117 freshmen take on.
Carrying that yearly figure forward comes to roughly $12,646 over two years and about $25,292 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 | 63% |
| Average federal loan per year | $6,323 |
| Undergraduates with a federal loan | 698 |
| Total federal loans (one year) | $4,413,293 |
The middle borrower at Edgewood owes $19,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,000 |
| Students who completed (graduates) | $24,424 |
| Students who withdrew | $9,125 |
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 Edgewood.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $8,711 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $33,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Edgewood.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Edgewood.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 198 | $18,261 |
| Completed (graduates) | 119 | $20,000 |
| Did not complete | 79 | $14,692 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $237.82/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Edgewood.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 165 | $19,600 |
| No Stafford loan this year | 33 | $12,577 |
These figures turn the debt totals into a monthly repayment picture for Edgewood.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Edgewood is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.3% |
| Borrowers in the cohort | 663 |
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 | $14,584 |
| Middle income | $19,000 |
| High income | $19,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $19,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,250 |
| Independent students | $17,090 |
Federal data publishes the following gap measures for Edgewood.
Subsidized and 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.