by our College Data Analytics TeamThis page focuses on the debt students take on to attend Missouri University of Science and Technology: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Missouri University of Science and Technology, 45% of new students use loans toward freshman-year expenses, at roughly $8,142 per borrower, covering both private and federal loans.
The typical federal loan comes to $5,154, representing 93.7% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at Missouri University of Science and Technology, 40% use federal student loans to help pay for their education, with a mean of $6,085 a year. That is 18.1% above the $5,154 freshmen take on.
Carrying that yearly figure forward comes to roughly $12,170 over two years and about $24,340 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 40% |
| Average federal loan per year | $6,085 |
| Undergraduates with a federal loan | 2,204 |
| Total federal loans (one year) | $13,411,278 |
The middle borrower at Missouri University of Science and Technology owes $19,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,000 |
| Students who completed (graduates) | $23,250 |
| Students who withdrew | $9,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Missouri University of Science and Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,229 |
| 25th percentile | $7,419 |
| 75th percentile | $27,500 |
| 90th percentile (highest-debt students) | $34,000 |
How wide this percentile range is tells you how much borrowing varies across students at Missouri University of Science and Technology.
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 Missouri University of Science and Technology.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 975 | $25,444 |
| Completed (graduates) | 618 | $30,462 |
| Did not complete | 357 | $18,552 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $362.23/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 Missouri University of Science and Technology.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 959 | — |
| No Stafford loan | 16 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 871 | $27,124 |
| No Stafford loan this year | 104 | $15,573 |
The indicators below describe what the typical debt costs to pay back at Missouri University of Science and Technology.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Missouri University of Science and Technology appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.2% |
| Borrowers in the cohort | 1275 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,250 |
| Middle income | $19,500 |
| High income | $18,750 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,246 |
| Continuing-generation students | $18,750 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,750 |
| Independent students | $22,494 |
Federal data publishes the following gap measures for Missouri University of Science and Technology.
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.
Worth Knowing
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.