by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Macomb Community College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at Macomb Community College, 14% of incoming students take out a loan to help cover first-year costs, averaging $3,582 per student, private and federal loans combined.
Federal loans alone average $3,338, equal to roughly 60.7% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at Macomb Community College, 10% borrow through federal student loan programs, averaging $3,259 a year. That amounts to 2.4% smaller than the freshman federal average of $3,338.
At a steady annual pace, that totals around $6,518 over two years and about $13,036 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 10% |
| Average federal loan per year | $3,259 |
| Undergraduates with a federal loan | 1,417 |
| Total federal loans (one year) | $4,618,328 |
Graduating and withdrawing students at Macomb Community College carry a median federal debt of $3,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,500 |
| Students who completed (graduates) | $6,000 |
| Students who withdrew | $3,500 |
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 Macomb Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $950 |
| 25th percentile | $1,688 |
| 75th percentile | $5,250 |
| 90th percentile (highest-debt students) | $9,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Macomb Community College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Macomb Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1409 | $12,500 |
| Completed (graduates) | 170 | $11,287 |
| Did not complete | 1239 | $12,594 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $134.21/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Macomb Community College.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1375 | $12,500 |
| No Stafford loan | 34 | $12,519 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 314 | $11,472 |
| No Stafford loan this year | 1095 | $13,116 |
These figures turn the debt totals into a monthly repayment picture for Macomb Community College.
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 Macomb Community College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.7% |
| Borrowers in the cohort | 1648 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $3,497 |
| Middle income | $3,500 |
| High income | $4,300 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,500 |
| Continuing-generation students | $3,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $3,500 |
Federal data publishes the following gap measures for Macomb Community College.
The Difference Between 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.
Worth Knowing
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.