by our College Data Analytics TeamHere you will find what students actually borrow to attend Johnson College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Johnson College, 93% of incoming undergraduates borrow in year one, with a typical loan of $6,752 each, across private and federal loan sources.
The typical federal loan comes to $4,420, amounting to 80.4% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Johnson College, 90% finance part of their studies with federal loans, with a mean of $5,306 in federal loans per year. It comes to 20.0% larger than the freshman federal average of $4,420.
Carrying that yearly figure forward comes to roughly $10,612 after two years and $21,224 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 90% |
| Average federal loan per year | $5,306 |
| Undergraduates with a federal loan | 486 |
| Total federal loans (one year) | $2,578,808 |
The middle borrower at Johnson College owes $12,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,000 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $5,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Johnson College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,311 |
| 25th percentile | $5,500 |
| 75th percentile | $15,000 |
| 90th percentile (highest-debt students) | $20,000 |
How wide this percentile range is tells you how much borrowing varies across students at Johnson College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Johnson College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 131 | $14,508 |
| Completed (graduates) | 90 | $15,922 |
| Did not complete | 41 | $11,500 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $189.33/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Johnson 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 Johnson College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.2% |
| Borrowers in the cohort | 194 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $17,000 |
Federal data publishes the following gap measures for Johnson College.
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.
Did You Know?
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.