by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Johnson University— 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.
Among first-year students at Johnson University, 59% of incoming undergraduates borrow in year one, borrowing on average $7,464 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $5,219, representing 94.9% of the typical first-year dependent student borrowing cap of $5,500. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at Johnson University, 56% finance part of their studies with federal loans, for a typical $9,030 each per year. This is 73.0% larger than the first-year federal average of $5,219.
Repeating that yearly amount projects to about $18,060 over two years and about $36,120 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $9,030 |
| Undergraduates with a federal loan | 391 |
| Total federal loans (one year) | $3,530,697 |
The median student at Johnson University borrows $13,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,500 |
| Students who completed (graduates) | $21,500 |
| Students who withdrew | $6,500 |
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 Johnson University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,930 |
| 25th percentile | $5,500 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $33,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Johnson University.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Johnson University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 205 | $18,788 |
| Completed (graduates) | 106 | $26,079 |
| Did not complete | 99 | $13,550 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $310.11/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Johnson University.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 187 | — |
| No Stafford loan this year | 18 | — |
The indicators below describe what the typical debt costs to pay back at Johnson University.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Johnson University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.5% |
| Borrowers in the cohort | 199 |
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 | $10,400 |
| Middle income | $14,000 |
| High income | $16,250 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,000 |
| Continuing-generation students | $12,313 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,500 |
| Independent students | $16,866 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Johnson University.
Subsidized vs. 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.
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.