by our College Data Analytics TeamThis page focuses on the debt students take on to attend Halifax Community College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Halifax Community College, 0% of new students use loans toward freshman-year expenses.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
Graduating and withdrawing students at Halifax Community College carry a median federal debt of $5,670 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,670 |
| Students who withdrew | $6,115 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Halifax Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,149 |
| 25th percentile | $2,224 |
| 75th percentile | $7,897 |
| 90th percentile (highest-debt students) | $13,087 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Halifax Community College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Halifax Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 40 | $6,406 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Halifax Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Halifax Community College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 26.6% |
| Borrowers in the cohort | 289 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Subsidized vs. 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
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.