by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Isothermal Community College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at ICC, 0% of incoming students take out a loan to help cover first-year costs.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for ICC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,621 |
| 75th percentile | $6,000 |
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for ICC.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 89 | $9,284 |
| Completed (graduates) | 23 | $9,284 |
| Did not complete | 66 | $9,796 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $110.4/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. ICC.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for ICC appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Subsidized and 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
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.