by our College Data Analytics TeamThis page focuses on the debt students take on to attend Georgia Military College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
For incoming students at Georgia Military College, 56% of freshmen borrow to help pay for their first year, averaging $2,684 each — a figure that counts both private and federal student loans.
The average federally funded loan is $2,523, or about 45.9% of the typical first-year dependent student borrowing cap of $5,500. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at Georgia Military College, 64% finance part of their studies with federal loans, averaging $2,822 each per year. It comes to 11.9% more than the freshman federal average of $2,523.
Borrowing at that rate every year works out to about $5,644 in two years and roughly $11,288 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 64% |
| Average federal loan per year | $2,822 |
| Undergraduates with a federal loan | 2,520 |
| Total federal loans (one year) | $7,112,022 |
The middle borrower at Georgia Military College owes $5,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $8,563 |
| Students who withdrew | $5,049 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Georgia Military College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,300 |
| 25th percentile | $2,400 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $16,832 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Georgia Military College.
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 Georgia Military College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 929 | $11,111 |
| Completed (graduates) | 140 | $9,000 |
| Did not complete | 789 | $11,600 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $107.02/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Georgia Military College.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 900 | $11,121 |
| No Stafford loan | 29 | $7,617 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 398 | $9,000 |
| No Stafford loan this year | 531 | $13,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Georgia Military College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Georgia Military College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.9% |
| Borrowers in the cohort | 1950 |
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 | $5,500 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,791 |
| Independent students | $7,125 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Georgia Military College.
Subsidized and 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.
Important to Remember
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.