by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Mount Marty University, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Mount Marty, 71% of incoming undergraduates borrow in year one, borrowing on average $7,288 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,316, representing 96.7% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Mount Marty (freshmen included), 64% take out federal student loans, with a mean of $6,970 annually. That is 31.1% above the first-year federal average of $5,316.
At a steady annual pace, that totals around $13,940 by year two and around $27,880 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 | 64% |
| Average federal loan per year | $6,970 |
| Undergraduates with a federal loan | 450 |
| Total federal loans (one year) | $3,136,536 |
The middle borrower at Mount Marty owes $14,750 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $14,750 |
| Students who completed (graduates) | $26,396 |
| 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.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Mount Marty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,491 |
| 25th percentile | $7,500 |
| 75th percentile | $28,750 |
| 90th percentile (highest-debt students) | $40,583 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Mount Marty.
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 Mount Marty.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 128 | $17,800 |
| Completed (graduates) | 72 | $22,217 |
| Did not complete | 56 | $14,351 |
On a standard 10-year plan, the median completing borrower would pay about $264.18/mo.
Federal data lets us separate Stafford borrowers from the rest at Mount Marty.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 111 | — |
| No Stafford loan this year | 17 | — |
These figures turn the debt totals into a monthly repayment picture for Mount Marty.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Mount Marty follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.2% |
| Borrowers in the cohort | 306 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $12,979 |
| Middle income | $14,232 |
| High income | $15,558 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,086 |
| Continuing-generation students | $15,558 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $16,394 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Mount Marty.
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.
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.