by our College Data Analytics TeamHere you will find what students actually borrow to attend Jackson College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Jackson College, 29% of freshmen borrow to help pay for their first year, averaging $5,228 each, across private and federal loan sources.
The average federal loan is $4,687, equal to roughly 85.2% of the typical first-year dependent student borrowing cap of $5,500. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Among all degree-seeking undergrads at Jackson College, 24% rely on federal student loans toward their education, with a mean of $6,498 annually. That amounts to 38.6% larger than the $4,687 borrowed by freshmen.
Borrowing at that rate every year works out to about $12,996 in two years and roughly $25,992 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 24% |
| Average federal loan per year | $6,498 |
| Undergraduates with a federal loan | 772 |
| Total federal loans (one year) | $5,016,668 |
The middle borrower at Jackson College owes $8,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,750 |
| Students who completed (graduates) | $13,875 |
| Students who withdrew | $8,250 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Jackson College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,188 |
| 25th percentile | $3,485 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $22,575 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Jackson College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Jackson College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 376 | $9,933 |
| Completed (graduates) | 58 | $10,708 |
| Did not complete | 318 | $9,770 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $127.33/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Jackson College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 213 | $8,000 |
| No Stafford loan this year | 163 | $12,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Jackson College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Jackson College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 14.2% |
| Borrowers in the cohort | 1829 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,218 |
| Middle income | $8,750 |
| High income | $6,750 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,000 |
| Continuing-generation students | $7,875 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,000 |
| Independent students | $10,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Jackson College.
The Difference Between 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.
Worth Knowing
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.