by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Kilgore College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Kilgore College, 19% of freshmen borrow to help pay for their first year, borrowing on average $5,464 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $5,464, equal to roughly 99.3% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Kilgore College (freshmen included), 24% borrow through federal student loan programs, borrowing on average $6,216 per year. That is 13.8% greater than the $5,464 borrowed by freshmen.
Repeating that yearly amount projects to about $12,432 after two years and $24,864 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 24% |
| Average federal loan per year | $6,216 |
| Undergraduates with a federal loan | 742 |
| Total federal loans (one year) | $4,612,422 |
Graduating and withdrawing students at Kilgore College carry a median federal debt of $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $14,967 |
| Students who withdrew | $8,676 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Kilgore College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,500 |
| 75th percentile | $14,000 |
| 90th percentile (highest-debt students) | $24,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Kilgore College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Kilgore College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 154 | $10,132 |
| Completed (graduates) | 23 | $10,000 |
| Did not complete | 131 | $10,264 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $118.91/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Kilgore College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 47 | $7,947 |
| No Stafford loan this year | 107 | $10,816 |
These figures turn the debt totals into a monthly repayment picture for Kilgore College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Kilgore College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.7% |
| Borrowers in the cohort | 1322 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,750 |
| Middle income | $9,500 |
| High income | $8,375 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,750 |
| Continuing-generation students | $8,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $14,250 |
Federal data publishes the following gap measures for Kilgore College.
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Worth Knowing
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.