by our College Data Analytics TeamThis page focuses on the debt students take on to attend Lenoir-Rhyne University— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
At Lenoir - Rhyne University, 60% of first-year students take on loan debt, at roughly $7,601 per student, private and federal loans combined.
The typical federal loan comes to $5,348, or about 97.2% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Among all degree-seeking undergrads at Lenoir - Rhyne University, 61% finance part of their studies with federal loans, averaging $6,463 in federal loans per year. It comes to 20.8% above the $5,348 borrowed by freshmen.
Borrowing at that rate every year works out to about $12,926 after two years and $25,852 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 | 61% |
| Average federal loan per year | $6,463 |
| Undergraduates with a federal loan | 823 |
| Total federal loans (one year) | $5,318,823 |
The median student at Lenoir - Rhyne University borrows $15,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,750 |
| Students who completed (graduates) | $26,000 |
| Students who withdrew | $8,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Lenoir - Rhyne University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $6,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Lenoir - Rhyne University.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Lenoir - Rhyne University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 606 | $19,724 |
| Completed (graduates) | 342 | $28,512 |
| Did not complete | 264 | $14,126 |
On a standard 10-year plan, the median completing borrower would pay about $339.04/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Lenoir - Rhyne University.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 579 | $20,022 |
| No Stafford loan this year | 27 | $12,416 |
These figures turn the debt totals into a monthly repayment picture for Lenoir - Rhyne University.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Lenoir - Rhyne University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.3% |
| Borrowers in the cohort | 505 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $15,000 |
| Middle income | $18,750 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,104 |
| Continuing-generation students | $17,953 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,340 |
| Independent students | $20,000 |
Federal data publishes the following gap measures for Lenoir - Rhyne University.
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?
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.