by our College Data Analytics TeamHere you will find what students actually borrow to attend Miller-Motte College-Jacksonville— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at MMC Jacksonville, 35% of incoming undergraduates borrow in year one, at roughly $5,585 each, across private and federal loan sources.
The average federal loan is $5,585. That is at or past the $5,500 federal first-year limit for 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.
Looking at all undergraduates at MMC Jacksonville, freshmen included, 51% finance part of their studies with federal loans, at an average of $7,767 per year. That amounts to 39.1% above the $5,585 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $15,534 in two years and roughly $31,068 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 51% |
| Average federal loan per year | $7,767 |
| Undergraduates with a federal loan | 168 |
| Total federal loans (one year) | $1,304,915 |
The median student at MMC Jacksonville borrows $10,661 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,661 |
| Students who completed (graduates) | $15,917 |
| Students who withdrew | $6,334 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at MMC Jacksonville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,530 |
| 25th percentile | $6,333 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $16,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at MMC Jacksonville.
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 MMC Jacksonville.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1418 | $5,198 |
| Completed (graduates) | 847 | $6,007 |
| Did not complete | 571 | $4,120 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $71.43/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 MMC Jacksonville.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1404 | — |
| No Stafford loan | 14 | — |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1271 | $5,093 |
| No Stafford loan this year | 147 | $6,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. MMC Jacksonville.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for MMC Jacksonville appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.7% |
| Borrowers in the cohort | 1420 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,657 |
| Middle income | $11,457 |
| High income | $9,111 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,587 |
| Continuing-generation students | $12,139 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $11,943 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at MMC Jacksonville.
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.
Important to Remember
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.