by our College Data Analytics TeamThis page focuses on the debt students take on to attend Le Moyne-Owen College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Le Moyne - Owen College specifically, 60% of new students use loans toward freshman-year expenses, at roughly $8,740 each, across private and federal loan sources.
The typical federal loan comes to $8,740. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. 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 Le Moyne - Owen College, freshmen included, 61% use federal student loans to help pay for their education, with a mean of $9,134 a year. This works out to 4.5% more than the freshman federal average of $8,740.
Carrying that yearly figure forward comes to roughly $18,268 across two years and $36,536 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 61% |
| Average federal loan per year | $9,134 |
| Undergraduates with a federal loan | 348 |
| Total federal loans (one year) | $3,178,556 |
The median student at Le Moyne - Owen College borrows $17,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $17,000 |
| Students who completed (graduates) | $28,070 |
| Students who withdrew | $14,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Le Moyne - Owen College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $26,807 |
| 90th percentile (highest-debt students) | $37,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Le Moyne - Owen College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Le Moyne - Owen College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 186 | $7,100 |
| Completed (graduates) | 28 | $6,901 |
| Did not complete | 158 | $7,100 |
On a standard 10-year plan, the median completing borrower would pay about $82.06/mo.
Federal data lets us separate Stafford borrowers from the rest at Le Moyne - Owen College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 171 | — |
| No Stafford loan this year | 15 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Le Moyne - Owen College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Le Moyne - Owen College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.9% |
| Borrowers in the cohort | 439 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $17,000 |
| Middle income | $16,105 |
| High income | $18,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,449 |
| Continuing-generation students | $13,625 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $20,750 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Le Moyne - Owen College.
The Difference Between Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Important to Remember
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.