by our College Data Analytics TeamHere you will find what students actually borrow to attend Lynn University— 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.
Among first-year students at Lynn University Fighting Knights, 46% of first-year students take on loan debt, averaging $10,539 per student, private and federal loans combined.
The average federally funded loan is $5,215, amounting to 94.8% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at Lynn University Fighting Knights, freshmen included, 36% finance part of their studies with federal loans, for a typical $6,367 per year. This works out to 22.1% larger than the freshman federal average of $5,215.
Borrowing the same amount each year would add up to roughly $12,734 after two years and $25,468 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 36% |
| Average federal loan per year | $6,367 |
| Undergraduates with a federal loan | 1,025 |
| Total federal loans (one year) | $6,526,055 |
The middle borrower at Lynn University Fighting Knights owes $10,413 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,413 |
| Students who completed (graduates) | $17,940 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Lynn University Fighting Knights.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $19,500 |
| 90th percentile (highest-debt students) | $26,058 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Lynn University Fighting Knights.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Lynn University Fighting Knights.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 580 | $33,978 |
| Completed (graduates) | 284 | $47,538 |
| Did not complete | 296 | $27,295 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $565.28/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Lynn University Fighting Knights.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 555 | $33,923 |
| No Stafford loan | 25 | $47,393 |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 509 | $35,816 |
| No Stafford loan this year | 71 | $20,025 |
The indicators below describe what the typical debt costs to pay back at Lynn University Fighting Knights.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Lynn University Fighting Knights appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.3% |
| Borrowers in the cohort | 411 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $11,500 |
| Middle income | $10,000 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,602 |
| Continuing-generation students | $11,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,125 |
| Independent students | $10,893 |
Federal data publishes the following gap measures for Lynn University Fighting Knights.
The Difference Between 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?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.