by our College Data Analytics TeamHere you will find what students actually borrow to attend Malone University: 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 Malone, 73% of new students use loans toward freshman-year expenses, borrowing on average $7,710 per student, private and federal loans combined.
Federal loans alone average $5,579. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Malone, 71% use federal student loans to help pay for their education, with a mean of $6,582 a year. That is 18.0% above the $5,579 borrowed by freshmen.
At a steady annual pace, that totals around $13,164 by year two and around $26,328 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 71% |
| Average federal loan per year | $6,582 |
| Undergraduates with a federal loan | 578 |
| Total federal loans (one year) | $3,804,348 |
The median student at Malone borrows $20,515 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $20,515 |
| Students who completed (graduates) | $26,289 |
| Students who withdrew | $9,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Malone.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $8,250 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $34,000 |
How wide this percentile range is tells you how much borrowing varies across students at Malone.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Malone.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 311 | $17,976 |
| Completed (graduates) | 196 | $20,857 |
| Did not complete | 115 | $12,555 |
On a standard 10-year plan, the median completing borrower would pay about $248.01/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Malone.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 284 | $17,988 |
| No Stafford loan this year | 27 | $17,331 |
These figures turn the debt totals into a monthly repayment picture for Malone.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Malone is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.8% |
| Borrowers in the cohort | 822 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,750 |
| Middle income | $21,673 |
| High income | $21,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,237 |
| Continuing-generation students | $19,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,673 |
| Independent students | $17,191 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Malone.
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.