by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Moraine Valley Community College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
For incoming students at MVCC, 6% of freshmen borrow to help pay for their first year, averaging $5,051 per borrower, covering both private and federal loans.
The average federally funded loan is $4,889, amounting to 88.9% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at MVCC, 4% use federal student loans to help pay for their education, for a typical $5,055 each per year. That is 3.4% above the first-year federal average of $4,889.
At a steady annual pace, that totals around $10,110 by year two and around $20,220 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 4% |
| Average federal loan per year | $5,055 |
| Undergraduates with a federal loan | 332 |
| Total federal loans (one year) | $1,678,157 |
Graduating and withdrawing students at MVCC carry a median federal debt of $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for MVCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $10,000 |
| 90th percentile (highest-debt students) | $17,967 |
How wide this percentile range is tells you how much borrowing varies across students at MVCC.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at MVCC.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 918 | $15,885 |
| Completed (graduates) | 147 | $15,000 |
| Did not complete | 771 | $16,000 |
On a standard 10-year plan, the median completing borrower would pay about $178.37/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 MVCC.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 875 | $16,000 |
| No Stafford loan | 43 | $14,000 |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 135 | $12,707 |
| No Stafford loan this year | 783 | $16,600 |
Repayment burden translates the debt figures into what a borrower actually pays each month. MVCC.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for MVCC follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.4% |
| Borrowers in the cohort | 497 |
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 | $5,575 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,274 |
Federal data publishes the following gap measures for MVCC.
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.
Did You Know?
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.