by our College Data Analytics TeamHere you will find what students actually borrow to attend Ozarka College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
For incoming students at Ozarka College, 18% of incoming students take out a loan to help cover first-year costs, borrowing on average $4,881 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $4,881, equal to roughly 88.7% of the typical first-year dependent student borrowing cap of $5,500. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Across the full undergraduate body at Ozarka College (freshmen included), 24% rely on federal student loans toward their education, for a typical $5,507 each per year. That amounts to 12.8% larger than the first-year federal average of $4,881.
Borrowing at that rate every year works out to about $11,014 over two years and about $22,028 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 24% |
| Average federal loan per year | $5,507 |
| Undergraduates with a federal loan | 132 |
| Total federal loans (one year) | $726,918 |
Graduating and withdrawing students at Ozarka College carry a median federal debt of $7,713 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,713 |
| Students who completed (graduates) | $9,818 |
| Students who withdrew | $6,313 |
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 Ozarka College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,000 |
| 75th percentile | $15,850 |
| 90th percentile (highest-debt students) | $25,750 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Ozarka College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Ozarka College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 28 | $7,364 |
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Ozarka College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 12 | — |
| No Stafford loan this year | 16 | — |
These figures turn the debt totals into a monthly repayment picture for Ozarka College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Ozarka College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 21.4% |
| Borrowers in the cohort | 321 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,415 |
| Middle income | $5,375 |
| High income | $3,900 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,100 |
| Continuing-generation students | $4,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,625 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Ozarka 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.
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.