by our College Data Analytics TeamHere you will find what students actually borrow to attend Martin University: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Martin University, 71% of incoming undergraduates borrow in year one, at roughly $8,808 each, across private and federal loan sources.
Federal loans alone average $8,808. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Martin University, 59% borrow through federal student loan programs, averaging $7,900 a year. That is 10.3% below the freshman federal average of $8,808.
Borrowing the same amount each year would add up to roughly $15,800 across two years and $31,600 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 59% |
| Average federal loan per year | $7,900 |
| Undergraduates with a federal loan | 91 |
| Total federal loans (one year) | $718,888 |
The middle borrower at Martin University owes $24,332 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $24,332 |
| Students who completed (graduates) | $42,002 |
| Students who withdrew | $14,050 |
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 Martin University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,250 |
| 75th percentile | $39,500 |
| 90th percentile (highest-debt students) | $53,805 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Martin University.
The indicators below describe what the typical debt costs to pay back at Martin University.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Martin University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 26.4% |
| Borrowers in the cohort | 537 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $26,998 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $24,430 |
| Continuing-generation students | $19,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,311 |
| Independent students | $28,581 |
Federal data publishes the following gap measures for Martin University.
The Difference Between 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.
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.