by our College Data Analytics TeamHere you will find what students actually borrow to attend Five Towns College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
For incoming students at Five Towns College, 50% of freshmen borrow to help pay for their first year, with a typical loan of $6,240 per student, private and federal loans combined.
The average federally funded loan is $4,272, or about 77.7% 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 Five Towns College, 52% rely on federal student loans toward their education, averaging $4,875 in federal loans per year. It comes to 14.1% more than the freshman federal average of $4,272.
Repeating that yearly amount projects to about $9,750 in two years and roughly $19,500 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 52% |
| Average federal loan per year | $4,875 |
| Undergraduates with a federal loan | 279 |
| Total federal loans (one year) | $1,360,083 |
The middle borrower at Five Towns College owes $12,750 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,750 |
| Students who completed (graduates) | $21,500 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Five Towns College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,212 |
| 25th percentile | $6,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,563 |
How wide this percentile range is tells you how much borrowing varies across students at Five Towns College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Five Towns College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 160 | $27,445 |
| Completed (graduates) | 96 | $36,060 |
| Did not complete | 64 | $16,550 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $428.79/mo.
Federal data lets us separate Stafford borrowers from the rest at Five Towns College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 150 | — |
| No Stafford loan this year | 10 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Five Towns 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 Five Towns College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.6% |
| Borrowers in the cohort | 378 |
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 | $12,265 |
| Middle income | $13,125 |
| High income | $12,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $14,875 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $24,899 |
Federal data publishes the following gap measures for Five Towns College.
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.
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.