by our College Data Analytics TeamHere you will find what students actually borrow to attend Greenfield Community 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.
At Greenfield Community College, 5% of new students use loans toward freshman-year expenses, borrowing on average $4,947 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $4,042, which is 73.5% 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 Greenfield Community College, 9% rely on federal student loans toward their education, borrowing on average $4,424 a year. This is 9.5% higher than the $4,042 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $8,848 by year two and around $17,696 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 | 9% |
| Average federal loan per year | $4,424 |
| Undergraduates with a federal loan | 107 |
| Total federal loans (one year) | $473,376 |
Graduating and withdrawing students at Greenfield Community College carry a median federal debt of $5,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $8,307 |
| Students who withdrew | $4,000 |
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 Greenfield Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,125 |
| 25th percentile | $2,239 |
| 75th percentile | $8,600 |
| 90th percentile (highest-debt students) | $14,278 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Greenfield Community College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Greenfield Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 146 | $12,827 |
| Completed (graduates) | 43 | $9,502 |
| Did not complete | 103 | $14,733 |
On a standard 10-year plan, the median completing borrower would pay about $112.99/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Greenfield Community College.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 58 | $10,000 |
| No Stafford loan this year | 88 | $14,173 |
The indicators below describe what the typical debt costs to pay back at Greenfield Community 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 Greenfield Community College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.5% |
| Borrowers in the cohort | 477 |
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 | $6,250 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,599 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,333 |
| Independent students | $6,450 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Greenfield Community College.
Subsidized and 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.
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.