by our College Data Analytics TeamHere you will find what students actually borrow to attend Neumont College of Computer Science: 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.
At Neumont specifically, 87% of incoming undergraduates borrow in year one, at roughly $6,311 per student, private and federal loans combined.
Federal loans alone average $4,444, which is 80.8% of the typical first-year dependent student borrowing cap of $5,500. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Neumont, 87% rely on federal student loans toward their education, with a mean of $6,660 per year. That amounts to 49.9% higher than the $4,444 typical freshmen borrow.
Repeating that yearly amount projects to about $13,320 by year two and around $26,640 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 87% |
| Average federal loan per year | $6,660 |
| Undergraduates with a federal loan | 463 |
| Total federal loans (one year) | $3,083,786 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Neumont.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,668 |
| 25th percentile | $9,965 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $40,000 |
How wide this percentile range is tells you how much borrowing varies across students at Neumont.
The indicators below describe what the typical debt costs to pay back at Neumont.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Neumont follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.8% |
| Borrowers in the cohort | 104 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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?
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.