by our College Data Analytics TeamHere you will find what students actually borrow to attend Randall University: 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.
For incoming students at Randall, 31% of incoming students take out a loan to help cover first-year costs, for an average of $5,801 per borrower, covering both private and federal loans.
Federal loans alone average $5,762. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Randall, 30% use federal student loans to help pay for their education, averaging $3,657 per year. That is 36.5% below the freshman federal average of $5,762.
At a steady annual pace, that totals around $7,314 over two years and about $14,628 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 30% |
| Average federal loan per year | $3,657 |
| Undergraduates with a federal loan | 78 |
| Total federal loans (one year) | $285,261 |
The median student at Randall borrows $13,250 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,250 |
| Students who completed (graduates) | $22,626 |
| Students who withdrew | $10,213 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Randall.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,250 |
| 75th percentile | $17,250 |
| 90th percentile (highest-debt students) | $25,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Randall.
These figures turn the debt totals into a monthly repayment picture for Randall.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Randall is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.4% |
| Borrowers in the cohort | 79 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $14,250 |
| Middle income | $14,671 |
| High income | $9,819 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,841 |
| Continuing-generation students | $8,184 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,250 |
| Independent students | $14,824 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Randall.
Subsidized vs. 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.
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.