by our College Data Analytics TeamHere you will find what students actually borrow to attend Le Moyne 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.
Among first-year students at LeMoyne, 77% of freshmen borrow to help pay for their first year, averaging $9,000 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $5,140, representing 93.5% 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.
Looking at all undergraduates at LeMoyne, freshmen included, 67% borrow through federal student loan programs, for a typical $6,331 each per year. That amounts to 23.2% higher than the $5,140 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $12,662 in two years and roughly $25,324 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 67% |
| Average federal loan per year | $6,331 |
| Undergraduates with a federal loan | 1,633 |
| Total federal loans (one year) | $10,338,778 |
Graduating and withdrawing students at LeMoyne carry a median federal debt of $18,435 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $18,435 |
| Students who completed (graduates) | $23,000 |
| Students who withdrew | $6,250 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 LeMoyne.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,981 |
| 25th percentile | $9,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at LeMoyne.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at LeMoyne.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 492 | $26,347 |
| Completed (graduates) | 324 | $33,751 |
| Did not complete | 168 | $18,425 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $401.34/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at LeMoyne.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 419 | $28,163 |
| No Stafford loan this year | 73 | $15,781 |
Repayment burden translates the debt figures into what a borrower actually pays each month. LeMoyne.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for LeMoyne appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.1% |
| Borrowers in the cohort | 869 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $16,250 |
| Middle income | $18,200 |
| High income | $19,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,999 |
| Continuing-generation students | $19,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,500 |
| Independent students | $18,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at LeMoyne.
The Difference Between 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.