by our College Data Analytics TeamHere you will find what students actually borrow to attend Lamar State College-Port Arthur— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Lamar State College - Port Arthur, 58% of new students use loans toward freshman-year expenses, averaging $1,298 each, across private and federal loan sources.
Federal loans alone average $1,298, equal to roughly 23.6% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Lamar State College - Port Arthur, freshmen included, 19% finance part of their studies with federal loans, averaging $6,785 a year. That amounts to 422.7% larger than the freshman federal average of $1,298.
Repeating that yearly amount projects to about $13,570 in two years and roughly $27,140 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 19% |
| Average federal loan per year | $6,785 |
| Undergraduates with a federal loan | 274 |
| Total federal loans (one year) | $1,859,146 |
The middle borrower at Lamar State College - Port Arthur owes $7,125 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,125 |
| Students who completed (graduates) | $13,250 |
| Students who withdrew | $6,252 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Lamar State College - Port Arthur.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $10,092 |
| 90th percentile (highest-debt students) | $17,500 |
How wide this percentile range is tells you how much borrowing varies across students at Lamar State College - Port Arthur.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Lamar State College - Port Arthur.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 70 | $11,133 |
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Lamar State College - Port Arthur.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 31 | $9,851 |
| No Stafford loan this year | 39 | $12,415 |
These figures turn the debt totals into a monthly repayment picture for Lamar State College - Port Arthur.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Lamar State College - Port Arthur follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 22.8% |
| Borrowers in the cohort | 149 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,750 |
| Middle income | $6,625 |
| High income | $6,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,405 |
| Continuing-generation students | $6,563 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Lamar State College - Port Arthur.
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.