by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Loyola Marymount University: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Loyola Marymount, 34% of new students use loans toward freshman-year expenses, at roughly $10,053 per student, private and federal loans combined.
On the federal side, the average loan is $5,096, amounting to 92.7% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Loyola Marymount (freshmen included), 30% take out federal student loans, for a typical $6,326 each per year. This is 24.1% larger than the first-year federal average of $5,096.
At a steady annual pace, that totals around $12,652 over two years and about $25,304 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 30% |
| Average federal loan per year | $6,326 |
| Undergraduates with a federal loan | 2,157 |
| Total federal loans (one year) | $13,644,663 |
Graduating and withdrawing students at Loyola Marymount carry a median federal debt of $15,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,000 |
| Students who completed (graduates) | $19,500 |
| Students who withdrew | $7,625 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Loyola Marymount.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $28,000 |
How wide this percentile range is tells you how much borrowing varies across students at Loyola Marymount.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Loyola Marymount.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1165 | $48,000 |
| Completed (graduates) | 825 | $58,361 |
| Did not complete | 340 | $33,528 |
On a standard 10-year plan, the median completing borrower would pay about $693.97/mo.
Federal data lets us separate Stafford borrowers from the rest at Loyola Marymount.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1123 | $47,754 |
| No Stafford loan | 42 | $51,769 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1021 | $51,581 |
| No Stafford loan this year | 144 | $29,473 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Loyola Marymount.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Loyola Marymount is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.3% |
| Borrowers in the cohort | 1930 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,950 |
| Middle income | $15,750 |
| High income | $15,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $15,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,644 |
| Independent students | $12,500 |
Federal data publishes the following gap measures for Loyola Marymount.
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.
Did You Know?
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.