by our College Data Analytics TeamHere you will find what students actually borrow to attend Ranger College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
For incoming students at Ranger College, 15% of first-year students take on loan debt, for an average of $5,855 each, across private and federal loan sources.
The typical federal loan comes to $4,902, equal to roughly 89.1% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Ranger College, 7% finance part of their studies with federal loans, averaging $5,040 a year. That amounts to 2.8% larger than the freshman federal average of $4,902.
At a steady annual pace, that totals around $10,080 after two years and $20,160 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 7% |
| Average federal loan per year | $5,040 |
| Undergraduates with a federal loan | 70 |
| Total federal loans (one year) | $352,824 |
The median student at Ranger College borrows $5,792 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,792 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Ranger College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,969 |
| 25th percentile | $3,117 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $15,500 |
How wide this percentile range is tells you how much borrowing varies across students at Ranger College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Ranger College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 111 | $11,500 |
| Completed (graduates) | 32 | $9,826 |
| Did not complete | 79 | $12,325 |
On a standard 10-year plan, the median completing borrower would pay about $116.84/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Ranger College.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 100 | — |
| No Stafford loan | 11 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 44 | $11,632 |
| No Stafford loan this year | 67 | $11,031 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Ranger College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Ranger College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.2% |
| Borrowers in the cohort | 142 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $6,831 |
| Middle income | $6,613 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Ranger College.
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?
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.