by our College Data Analytics TeamHere you will find what students actually borrow to attend Infinity College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Infinity College, 39% of incoming students take out a loan to help cover first-year costs, for an average of $4,701 each, across private and federal loan sources.
The average federal loan is $4,701, amounting to 85.5% 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.
For undergraduates overall at Infinity College, 61% take out federal student loans, averaging $5,740 each per year. This is 22.1% above the freshman federal average of $4,701.
Borrowing at that rate every year works out to about $11,480 in two years and roughly $22,960 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 | 61% |
| Average federal loan per year | $5,740 |
| Undergraduates with a federal loan | 260 |
| Total federal loans (one year) | $1,492,448 |
The middle borrower at Infinity College owes $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $6,334 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Infinity College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,640 |
| 75th percentile | $6,333 |
These figures turn the debt totals into a monthly repayment picture for Infinity College.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Difference Between Subsidized and 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.
Worth Knowing
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.