by our College Data Analytics TeamHere you will find what students actually borrow to attend Norco College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Norco College specifically, 0% of incoming students take out a loan to help cover first-year costs, for an average of $5,500 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $5,500, or about 100.0% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Norco College, 0% finance part of their studies with federal loans, for a typical $7,293 per year. That amounts to 32.6% larger than the freshman federal average of $5,500.
Borrowing the same amount each year would add up to roughly $14,586 over two years and about $29,172 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Average federal loan per year | $7,293 |
| Undergraduates with a federal loan | 37 |
| Total federal loans (one year) | $269,832 |
Graduating and withdrawing students at Norco College carry a median federal debt of $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| 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 Norco College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,500 |
| 75th percentile | $10,000 |
| 90th percentile (highest-debt students) | $15,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Norco College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Norco College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 386 | $16,050 |
| Completed (graduates) | 21 | $13,200 |
| Did not complete | 365 | $16,127 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $156.96/mo.
These figures turn the debt totals into a monthly repayment picture for Norco College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Norco College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 1013 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,125 |
| Middle income | $7,375 |
| High income | $4,801 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,852 |
| Continuing-generation students | $5,300 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $8,888 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Norco College.
The Difference Between Subsidized and 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.
Important to Remember
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.