by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Emmanuel College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Emmanuel Boston specifically, 62% of new students use loans toward freshman-year expenses, averaging $10,030 per student, private and federal loans combined.
Federal loans alone average $5,222, which is 94.9% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at Emmanuel Boston, freshmen included, 64% take out federal student loans, borrowing on average $6,423 annually. That is 23.0% higher than the freshman federal average of $5,222.
At a steady annual pace, that totals around $12,846 over two years and about $25,692 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 64% |
| Average federal loan per year | $6,423 |
| Undergraduates with a federal loan | 1,202 |
| Total federal loans (one year) | $7,720,139 |
The median student at Emmanuel Boston borrows $22,969 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $22,969 |
| Students who completed (graduates) | $27,000 |
| Students who withdrew | $8,250 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Emmanuel Boston.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,208 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Emmanuel Boston.
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 Emmanuel Boston.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 312 | $34,196 |
| Completed (graduates) | 212 | $41,546 |
| Did not complete | 100 | $23,000 |
On a standard 10-year plan, the median completing borrower would pay about $494.03/mo.
Federal data lets us separate Stafford borrowers from the rest at Emmanuel Boston.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 291 | $32,400 |
| No Stafford loan this year | 21 | $38,934 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Emmanuel Boston.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Emmanuel Boston is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.6% |
| Borrowers in the cohort | 548 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $22,573 |
| High income | $22,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $24,039 |
| Continuing-generation students | $21,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $23,250 |
| Independent students | $11,500 |
Federal data publishes the following gap measures for Emmanuel Boston.
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Worth Knowing
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.