by our College Data Analytics TeamThis page focuses on the debt students take on to attend Henderson 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 Henderson Community College, 7% of first-year students take on loan debt, at roughly $3,457 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $3,457, amounting to 62.9% of the typical first-year dependent student borrowing cap of $5,500. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Henderson Community College, freshmen included, 21% finance part of their studies with federal loans, borrowing on average $5,508 a year. This is 59.3% higher than the $3,457 freshmen take on.
Repeating that yearly amount projects to about $11,016 in two years and roughly $22,032 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 21% |
| Average federal loan per year | $5,508 |
| Undergraduates with a federal loan | 188 |
| Total federal loans (one year) | $1,035,592 |
The middle borrower at Henderson Community College owes $7,457 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,457 |
| Students who completed (graduates) | $10,483 |
| Students who withdrew | $5,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Henderson Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,476 |
| 75th percentile | $12,738 |
| 90th percentile (highest-debt students) | $21,501 |
How wide this percentile range is tells you how much borrowing varies across students at Henderson Community College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Henderson Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 63 | $9,355 |
| Completed (graduates) | 19 | $9,355 |
| Did not complete | 44 | $8,639 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $111.24/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 Henderson Community College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 21 | $7,822 |
| No Stafford loan this year | 42 | $9,771 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Henderson 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. Two-year cohort default-rate data for Henderson Community College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 18.7% |
| Borrowers in the cohort | 256 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,950 |
| Middle income | $6,525 |
| High income | $6,251 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,491 |
| Continuing-generation students | $6,326 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,526 |
| Independent students | $8,036 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Henderson Community College.
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.
Did You Know?
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.