by our College Data Analytics TeamThis page focuses on the debt students take on to attend North Hennepin Community College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At North Hennepin Community College specifically, 17% of incoming undergraduates borrow in year one, at roughly $5,477 each, across private and federal loan sources.
The average federally funded loan is $5,477, or about 99.6% of the typical first-year dependent student borrowing cap of $5,500. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at North Hennepin Community College, 23% borrow through federal student loan programs, at an average of $7,227 per year. That amounts to 32.0% more than the $5,477 typical freshmen borrow.
Repeating that yearly amount projects to about $14,454 in two years and roughly $28,908 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 | 23% |
| Average federal loan per year | $7,227 |
| Undergraduates with a federal loan | 761 |
| Total federal loans (one year) | $5,499,904 |
Graduating and withdrawing students at North Hennepin Community College carry a median federal debt of $9,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,000 |
| Students who completed (graduates) | $14,750 |
| Students who withdrew | $7,551 |
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 North Hennepin Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,700 |
| 75th percentile | $18,267 |
| 90th percentile (highest-debt students) | $31,246 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at North Hennepin Community College.
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 North Hennepin Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 330 | $11,655 |
| Completed (graduates) | 58 | $7,332 |
| Did not complete | 272 | $13,129 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $87.19/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at North Hennepin Community College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 138 | $9,914 |
| No Stafford loan this year | 192 | $14,150 |
These figures turn the debt totals into a monthly repayment picture for North Hennepin Community College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for North Hennepin Community College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.2% |
| Borrowers in the cohort | 1949 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,080 |
| Middle income | $9,400 |
| High income | $6,337 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $7,990 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,250 |
| Independent students | $11,771 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at North Hennepin Community College.
The Difference Between 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?
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.