by our College Data Analytics TeamThis page focuses on the debt students take on to attend James A. Rhodes State College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Rhodes State College, 12% of first-year students take on loan debt, borrowing on average $6,307 per borrower, covering both private and federal loans.
The average federally funded loan is $5,763. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Rhodes State College, 20% rely on federal student loans toward their education, for a typical $5,459 per year. That is 5.3% below the $5,763 freshmen take on.
Carrying that yearly figure forward comes to roughly $10,918 over two years and about $21,836 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 20% |
| Average federal loan per year | $5,459 |
| Undergraduates with a federal loan | 305 |
| Total federal loans (one year) | $1,665,088 |
Graduating and withdrawing students at Rhodes State College carry a median federal debt of $7,759 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,759 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $5,610 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Rhodes State College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,825 |
| 25th percentile | $3,500 |
| 75th percentile | $16,167 |
| 90th percentile (highest-debt students) | $26,271 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Rhodes State College.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Rhodes State College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 163 | $11,542 |
| Completed (graduates) | 39 | $10,979 |
| Did not complete | 124 | $11,542 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $130.55/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Rhodes State College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 73 | $8,903 |
| No Stafford loan this year | 90 | $13,927 |
These figures turn the debt totals into a monthly repayment picture for Rhodes State College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Rhodes State College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.4% |
| Borrowers in the cohort | 1303 |
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 | $9,201 |
| Middle income | $8,037 |
| High income | $5,613 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,102 |
| Continuing-generation students | $5,501 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,501 |
| Independent students | $10,201 |
Federal data publishes the following gap measures for Rhodes State College.
Subsidized vs. 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.
Did You Know?
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.