by our College Data Analytics TeamThis page focuses on the debt students take on to attend Laredo College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at Laredo College, 0% of first-year students take on loan debt.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
The median student at Laredo College borrows $2,334 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $2,334 |
| Students who completed (graduates) | $2,959 |
| Students who withdrew | $2,334 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Laredo College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $750 |
| 25th percentile | $1,167 |
| 75th percentile | $2,916 |
| 90th percentile (highest-debt students) | $4,250 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Laredo College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Laredo College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 117 | $11,262 |
| Completed (graduates) | 23 | $8,000 |
| Did not complete | 94 | $11,771 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $95.13/mo.
These figures turn the debt totals into a monthly repayment picture for Laredo College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Laredo College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.9% |
| Borrowers in the cohort | 382 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $3,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $2,334 |
| Independent students | $3,000 |
Federal data publishes the following gap measures for Laredo College.
Subsidized vs. 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.
Important to Remember
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.