by our College Data Analytics TeamHere you will find what students actually borrow to attend Lycoming College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Looking at the entering class at Lycoming, 72% of freshmen borrow to help pay for their first year, for an average of $9,764 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $5,402, representing 98.2% of the typical first-year dependent student borrowing cap of $5,500. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Lycoming, 72% rely on federal student loans toward their education, at an average of $6,494 per year. That is 20.2% above the $5,402 freshmen take on.
Repeating that yearly amount projects to about $12,988 over two years and about $25,976 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 72% |
| Average federal loan per year | $6,494 |
| Undergraduates with a federal loan | 757 |
| Total federal loans (one year) | $4,915,660 |
The median student at Lycoming borrows $23,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $23,500 |
| Students who completed (graduates) | $27,000 |
| Students who withdrew | $8,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Lycoming.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $8,750 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,000 |
How wide this percentile range is tells you how much borrowing varies across students at Lycoming.
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 Lycoming.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 209 | $20,415 |
| Completed (graduates) | 117 | $31,827 |
| Did not complete | 92 | $13,946 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $378.46/mo.
These figures turn the debt totals into a monthly repayment picture for Lycoming.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Lycoming follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.3% |
| Borrowers in the cohort | 410 |
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 | $23,500 |
| Middle income | $22,175 |
| High income | $24,125 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,500 |
| Continuing-generation students | $23,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $23,500 |
| Independent students | $23,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Lycoming.
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.
Worth Knowing
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.