by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Monroe County Community College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Monroe County Community College specifically, 21% of incoming students take out a loan to help cover first-year costs, borrowing on average $4,699 each, across private and federal loan sources.
The average federally funded loan is $4,699, representing 85.4% of the typical first-year dependent student borrowing cap of $5,500. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Monroe County Community College (freshmen included), 24% borrow through federal student loan programs, for a typical $5,359 a year. That amounts to 14.0% above the $4,699 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $10,718 over two years and about $21,436 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 24% |
| Average federal loan per year | $5,359 |
| Undergraduates with a federal loan | 349 |
| Total federal loans (one year) | $1,870,274 |
Graduating and withdrawing students at Monroe County Community College carry a median federal debt of $6,226 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,226 |
| Students who completed (graduates) | $12,296 |
| Students who withdrew | $5,500 |
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 Monroe County Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,750 |
| 75th percentile | $10,500 |
| 90th percentile (highest-debt students) | $17,498 |
How wide this percentile range is tells you how much borrowing varies across students at Monroe County Community College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Monroe County Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 128 | $10,976 |
| Completed (graduates) | 36 | $10,866 |
| Did not complete | 92 | $11,072 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $129.21/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Monroe County Community College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 67 | $10,936 |
| No Stafford loan this year | 61 | $12,600 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Monroe County Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Monroe County Community College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.9% |
| Borrowers in the cohort | 469 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,773 |
| Middle income | $5,683 |
| High income | $5,853 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Monroe County 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.