by our College Data Analytics TeamThis page focuses on the debt students take on to attend La James International College-Cedar Falls— 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.
Among first-year students at La James International College-Cedar Falls, 61% of first-year students take on loan debt, with a typical loan of $5,427 each — a figure that counts both private and federal student loans.
The average federally funded loan is $5,222, or about 94.9% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at La James International College-Cedar Falls, freshmen included, 78% finance part of their studies with federal loans, borrowing on average $7,064 each per year. This is 35.3% larger than the $5,222 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $14,128 after two years and $28,256 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 78% |
| Average federal loan per year | $7,064 |
| Undergraduates with a federal loan | 54 |
| Total federal loans (one year) | $381,454 |
The middle borrower at La James International College-Cedar Falls owes $7,917 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,917 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for La James International College-Cedar Falls.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,410 |
| 75th percentile | $12,000 |
The indicators below describe what the typical debt costs to pay back at La James International College-Cedar Falls.
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 La James International College-Cedar Falls is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.4% |
| Borrowers in the cohort | 81 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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.
Worth Knowing
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.