by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Phillips Community College of the University of Arkansas: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Phillips County Community College, 0% of freshmen borrow to help pay for their first year.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
The middle borrower at Phillips County Community College owes $3,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,500 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Phillips County Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,250 |
| 75th percentile | $4,500 |
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Phillips County Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 41 | $7,725 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Phillips County Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Phillips County Community College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.1% |
| Borrowers in the cohort | 112 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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.
Worth Knowing
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.