by our College Data Analytics TeamThis page focuses on the debt students take on to attend Kankakee Community College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Kankakee Community College, 2% of incoming undergraduates borrow in year one, with a typical loan of $5,398 per student, private and federal loans combined.
Federal loans alone average $5,398, equal to roughly 98.1% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at Kankakee Community College (freshmen included), 5% take out federal student loans, at an average of $5,436 a year. This works out to 0.7% higher than the $5,398 typical freshmen borrow.
Borrowing at that rate every year works out to about $10,872 after two years and $21,744 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 5% |
| Average federal loan per year | $5,436 |
| Undergraduates with a federal loan | 101 |
| Total federal loans (one year) | $549,022 |
Graduating and withdrawing students at Kankakee Community College carry a median federal debt of $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $9,969 |
| Students who withdrew | $5,432 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Kankakee Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,214 |
| 25th percentile | $2,541 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $20,560 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Kankakee Community College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Kankakee Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 218 | $12,684 |
| Completed (graduates) | 30 | $16,717 |
| Did not complete | 188 | $12,165 |
On a standard 10-year plan, the median completing borrower would pay about $198.78/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Kankakee Community College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 46 | $12,527 |
| No Stafford loan this year | 172 | $12,684 |
These figures turn the debt totals into a monthly repayment picture for Kankakee Community 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 Kankakee Community College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.3% |
| Borrowers in the cohort | 264 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $6,132 |
| Middle income | $5,446 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,200 |
| Independent students | $8,165 |
Federal data publishes the following gap measures for Kankakee Community 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?
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.