by our College Data Analytics TeamHere you will find what students actually borrow to attend Middle Georgia State University, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
For incoming students at Middle Georgia State University, 42% of first-year students take on loan debt, for an average of $5,617 each, across private and federal loan sources.
On the federal side, the average loan is $5,093, or about 92.6% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Middle Georgia State University, 37% take out federal student loans, borrowing on average $6,347 in federal loans per year. That is 24.6% more than the $5,093 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $12,694 after two years and $25,388 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 37% |
| Average federal loan per year | $6,347 |
| Undergraduates with a federal loan | 2,439 |
| Total federal loans (one year) | $15,479,641 |
Graduating and withdrawing students at Middle Georgia State University carry a median federal debt of $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $19,000 |
| Students who withdrew | $7,851 |
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 Middle Georgia State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,250 |
| 75th percentile | $18,420 |
| 90th percentile (highest-debt students) | $28,750 |
How wide this percentile range is tells you how much borrowing varies across students at Middle Georgia State University.
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 Middle Georgia State University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1336 | $11,370 |
| Completed (graduates) | 335 | $16,219 |
| Did not complete | 1001 | $10,638 |
On a standard 10-year plan, the median completing borrower would pay about $192.86/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Middle Georgia State University.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1296 | $11,473 |
| No Stafford loan | 40 | $9,613 |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1112 | $11,226 |
| No Stafford loan this year | 224 | $12,410 |
These figures turn the debt totals into a monthly repayment picture for Middle Georgia State University.
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 Middle Georgia State University is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.9% |
| Borrowers in the cohort | 2529 |
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 | $9,500 |
| Middle income | $9,728 |
| High income | $9,375 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,091 |
| Independent students | $12,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Middle Georgia State University.
Subsidized vs. 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.
Important to Remember
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.