by our College Data Analytics TeamHere you will find what students actually borrow to attend Husson University: 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.
At Husson specifically, 84% of incoming students take out a loan to help cover first-year costs, borrowing on average $7,607 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,441, amounting to 98.9% of the typical first-year dependent student borrowing cap of $5,500. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Husson, 76% take out federal student loans, at an average of $6,819 a year. This works out to 25.3% higher than the freshman federal average of $5,441.
Carrying that yearly figure forward comes to roughly $13,638 after two years and $27,276 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 76% |
| Average federal loan per year | $6,819 |
| Undergraduates with a federal loan | 1,810 |
| Total federal loans (one year) | $12,342,599 |
Graduating and withdrawing students at Husson carry a median federal debt of $21,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $21,500 |
| Students who completed (graduates) | $27,000 |
| Students who withdrew | $9,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Husson.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $7,798 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,750 |
How wide this percentile range is tells you how much borrowing varies across students at Husson.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Husson.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 451 | $15,872 |
| Completed (graduates) | 254 | $20,075 |
| Did not complete | 197 | $12,282 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $238.71/mo.
Federal data lets us separate Stafford borrowers from the rest at Husson.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 425 | $16,127 |
| No Stafford loan this year | 26 | $13,641 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Husson.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Husson is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.6% |
| Borrowers in the cohort | 668 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $22,215 |
| Middle income | $20,500 |
| High income | $22,041 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,000 |
| Continuing-generation students | $21,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $21,079 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Husson.
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
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.