by our College Data Analytics TeamHere you will find what students actually borrow to attend Louisiana Delta Community College— 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.
Looking at the entering class at LDCC, 38% of new students use loans toward freshman-year expenses, with a typical loan of $5,170 per borrower, covering both private and federal loans.
Federal loans alone average $5,158, representing 93.8% of the typical first-year dependent student borrowing cap of $5,500. 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 LDCC, 50% use federal student loans to help pay for their education, for a typical $6,543 a year. It comes to 26.9% above the freshman federal average of $5,158.
Carrying that yearly figure forward comes to roughly $13,086 in two years and roughly $26,172 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 50% |
| Average federal loan per year | $6,543 |
| Undergraduates with a federal loan | 1,471 |
| Total federal loans (one year) | $9,624,537 |
Graduating and withdrawing students at LDCC carry a median federal debt of $7,618 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,618 |
| Students who completed (graduates) | $12,500 |
| Students who withdrew | $5,500 |
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 LDCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $9,750 |
| 90th percentile (highest-debt students) | $15,750 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at LDCC.
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 LDCC.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 317 | $8,831 |
| Completed (graduates) | 48 | $6,863 |
| Did not complete | 269 | $9,000 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $81.61/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at LDCC.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 177 | $6,696 |
| No Stafford loan this year | 140 | $10,058 |
The indicators below describe what the typical debt costs to pay back at LDCC.
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 LDCC appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.6% |
| Borrowers in the cohort | 446 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,916 |
| Middle income | $7,000 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,750 |
| Continuing-generation students | $5,575 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for LDCC.
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.