by our College Data Analytics TeamHere you will find what students actually borrow to attend Massachusetts Bay Community College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at MassBay Community College, 14% of freshmen borrow to help pay for their first year, with a typical loan of $4,458 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $4,082, representing 74.2% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Among all degree-seeking undergrads at MassBay Community College, 12% borrow through federal student loan programs, with a mean of $4,181 a year. It comes to 2.4% above the $4,082 borrowed by freshmen.
Repeating that yearly amount projects to about $8,362 after two years and $16,724 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 12% |
| Average federal loan per year | $4,181 |
| Undergraduates with a federal loan | 379 |
| Total federal loans (one year) | $1,584,606 |
The middle borrower at MassBay Community College owes $4,620 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,620 |
| Students who completed (graduates) | $6,500 |
| Students who withdrew | $4,015 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for MassBay Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $925 |
| 25th percentile | $2,000 |
| 75th percentile | $7,150 |
| 90th percentile (highest-debt students) | $13,035 |
How wide this percentile range is tells you how much borrowing varies across students at MassBay 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 MassBay Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 405 | $17,012 |
| Completed (graduates) | 58 | $13,646 |
| Did not complete | 347 | $17,300 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $162.27/mo.
Federal data lets us separate Stafford borrowers from the rest at MassBay Community College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 95 | $13,020 |
| No Stafford loan this year | 310 | $18,252 |
Repayment burden translates the debt figures into what a borrower actually pays each month. MassBay Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for MassBay Community College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.2% |
| Borrowers in the cohort | 526 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $3,176 |
| Middle income | $4,546 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,519 |
| Continuing-generation students | $5,470 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,890 |
| Independent students | $4,359 |
Federal data publishes the following gap measures for MassBay Community College.
Subsidized vs. 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.