by our College Data Analytics TeamHere you will find what students actually borrow to attend Gwinnett College-Lilburn— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Gwinnett College - Lilburn, 100% of new students use loans toward freshman-year expenses, borrowing on average $8,070 per borrower, covering both private and federal loans.
On the federal side, the average loan is $8,070. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at Gwinnett College - Lilburn, freshmen included, 82% finance part of their studies with federal loans, averaging $7,904 per year. That is 2.1% less than the $8,070 freshmen take on.
Carrying that yearly figure forward comes to roughly $15,808 in two years and roughly $31,616 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 82% |
| Average federal loan per year | $7,904 |
| Undergraduates with a federal loan | 108 |
| Total federal loans (one year) | $853,672 |
The middle borrower at Gwinnett College - Lilburn owes $9,626 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,626 |
| Students who completed (graduates) | $18,062 |
| Students who withdrew | $6,334 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Gwinnett College - Lilburn.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $4,958 |
| 75th percentile | $16,582 |
| 90th percentile (highest-debt students) | $29,380 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Gwinnett College - Lilburn.
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 Gwinnett College - Lilburn.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 82 | $9,558 |
| Completed (graduates) | 42 | $10,884 |
| Did not complete | 40 | $8,736 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $129.42/mo.
The indicators below describe what the typical debt costs to pay back at Gwinnett College - Lilburn.
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 Gwinnett College - Lilburn follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.7% |
| Borrowers in the cohort | 298 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,137 |
| Middle income | $9,500 |
| High income | $10,318 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $12,654 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,334 |
| Independent students | $11,936 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Gwinnett College - Lilburn.
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.
Did You Know?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.