by our College Data Analytics TeamHere you will find what students actually borrow to attend Quincy 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.
Looking at the entering class at Quincy College, 21% of new students use loans toward freshman-year expenses, with a typical loan of $6,034 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,150, equal to roughly 93.6% 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 Quincy College, 26% take out federal student loans, for a typical $6,898 a year. That amounts to 33.9% above the $5,150 freshmen take on.
Carrying that yearly figure forward comes to roughly $13,796 after two years and $27,592 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 26% |
| Average federal loan per year | $6,898 |
| Undergraduates with a federal loan | 551 |
| Total federal loans (one year) | $3,800,556 |
The median student at Quincy College borrows $8,300 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,300 |
| Students who completed (graduates) | $13,874 |
| Students who withdrew | $7,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Quincy College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,650 |
| 75th percentile | $15,146 |
| 90th percentile (highest-debt students) | $21,250 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Quincy College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Quincy College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 406 | $12,967 |
| Completed (graduates) | 42 | $16,319 |
| Did not complete | 364 | $12,817 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $194.05/mo.
Federal data lets us separate Stafford borrowers from the rest at Quincy College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 200 | $9,515 |
| No Stafford loan this year | 206 | $18,749 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Quincy College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Quincy College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.5% |
| Borrowers in the cohort | 582 |
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 | $8,000 |
| Middle income | $9,000 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,250 |
| Continuing-generation students | $8,950 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Quincy College.
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Important to Remember
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.