by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Irvine Valley College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Irvine Valley College specifically, 1% of freshmen borrow to help pay for their first year, for an average of $5,748 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,748. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Among all degree-seeking undergrads at Irvine Valley College, 1% finance part of their studies with federal loans, averaging $6,634 per year. This is 15.4% larger than the $5,748 borrowed by freshmen.
Borrowing at that rate every year works out to about $13,268 by year two and around $26,536 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 1% |
| Average federal loan per year | $6,634 |
| Undergraduates with a federal loan | 114 |
| Total federal loans (one year) | $756,270 |
Graduating and withdrawing students at Irvine Valley College carry a median federal debt of $4,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,500 |
| Students who completed (graduates) | $6,500 |
| Students who withdrew | $4,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Irvine Valley College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,465 |
| 75th percentile | $10,500 |
| 90th percentile (highest-debt students) | $17,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Irvine Valley College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Irvine Valley College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 698 | $18,366 |
| Completed (graduates) | 56 | $19,077 |
| Did not complete | 642 | $18,329 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $226.85/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Irvine Valley College.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 664 | $18,329 |
| No Stafford loan | 34 | $19,439 |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 15 | — |
| No Stafford loan this year | 683 | — |
The indicators below describe what the typical debt costs to pay back at Irvine Valley College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Irvine Valley College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.3% |
| Borrowers in the cohort | 142 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $4,500 |
| Middle income | $4,500 |
| High income | $4,141 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,500 |
| Continuing-generation students | $5,250 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $4,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Irvine Valley College.
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.
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.