by our College Data Analytics TeamHere you will find what students actually borrow to attend Georgia State University-Perimeter College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
For incoming students at Georgia State University-Perimeter College, 29% of new students use loans toward freshman-year expenses, with a typical loan of $5,071 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $4,923, equal to roughly 89.5% 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.
Counting every undergraduate at Georgia State University-Perimeter College, 29% borrow through federal student loan programs, at an average of $5,563 per year. That amounts to 13.0% above the first-year federal average of $4,923.
Borrowing the same amount each year would add up to roughly $11,126 after two years and $22,252 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 29% |
| Average federal loan per year | $5,563 |
| Undergraduates with a federal loan | 3,782 |
| Total federal loans (one year) | $21,038,226 |
The middle borrower at Georgia State University-Perimeter College owes $11,750 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,750 |
| Students who completed (graduates) | $20,903 |
| Students who withdrew | $8,354 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Georgia State University-Perimeter College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $35,989 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Georgia State University-Perimeter 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 State University-Perimeter College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 5328 | $13,962 |
| Completed (graduates) | 2306 | $14,837 |
| Did not complete | 3022 | $13,199 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $176.43/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Georgia State University-Perimeter College.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 5248 | $13,962 |
| No Stafford loan | 80 | $13,569 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 4521 | $13,797 |
| No Stafford loan this year | 807 | $15,000 |
The indicators below describe what the typical debt costs to pay back at Georgia State University-Perimeter College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Georgia State University-Perimeter College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.9% |
| Borrowers in the cohort | 6521 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $12,180 |
| Middle income | $11,500 |
| High income | $11,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,705 |
| Continuing-generation students | $12,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $14,750 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Georgia State University-Perimeter College.
The Difference Between 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.
Important to Remember
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.