by our College Data Analytics TeamThis page focuses on the debt students take on to attend Marshalltown 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.
At Marshalltown Community College specifically, 20% of first-year students take on loan debt, averaging $5,357 per borrower, covering both private and federal loans.
The typical federal loan comes to $4,697, equal to roughly 85.4% of the $5,500 cap on first-year federal borrowing for the typical dependent student. 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 Marshalltown Community College, 23% finance part of their studies with federal loans, averaging $5,346 a year. This works out to 13.8% more than the $4,697 freshmen take on.
Borrowing the same amount each year would add up to roughly $10,692 in two years and roughly $21,384 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 23% |
| Average federal loan per year | $5,346 |
| Undergraduates with a federal loan | 201 |
| Total federal loans (one year) | $1,074,643 |
The middle borrower at Marshalltown Community College owes $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
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 Marshalltown Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $11,625 |
| 90th percentile (highest-debt students) | $19,688 |
How wide this percentile range is tells you how much borrowing varies across students at Marshalltown Community College.
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 Marshalltown Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 53 | $4,050 |
| Completed (graduates) | 26 | $3,953 |
| Did not complete | 27 | $5,428 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $47.01/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Marshalltown Community College.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 38 | — |
| No Stafford loan this year | 15 | — |
These figures turn the debt totals into a monthly repayment picture for Marshalltown Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Marshalltown Community College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 22.5% |
| Borrowers in the cohort | 536 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,688 |
| Middle income | $6,188 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,688 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Marshalltown Community College.
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.
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.