by our College Data Analytics TeamThis page focuses on the debt students take on to attend Reedley College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Reedley College, 2% of new students use loans toward freshman-year expenses, at roughly $4,627 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $3,987, equal to roughly 72.5% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Reedley College, 1% take out federal student loans, at an average of $4,601 a year. This works out to 15.4% higher than the $3,987 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $9,202 across two years and $18,404 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 1% |
| Average federal loan per year | $4,601 |
| Undergraduates with a federal loan | 40 |
| Total federal loans (one year) | $184,042 |
The median student at Reedley College borrows $3,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,500 |
| Students who completed (graduates) | $2,819 |
| Students who withdrew | $3,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Reedley College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $1,900 |
| 75th percentile | $3,722 |
| 90th percentile (highest-debt students) | $6,250 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Reedley 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 Reedley College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 480 | $8,467 |
| Completed (graduates) | 32 | $9,807 |
| Did not complete | 448 | $8,314 |
On a standard 10-year plan, the median completing borrower would pay about $116.62/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Reedley College.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 463 | — |
| No Stafford loan | 17 | — |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 19 | $6,000 |
| No Stafford loan this year | 461 | $8,484 |
These figures turn the debt totals into a monthly repayment picture for Reedley 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 Reedley College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 22.4% |
| Borrowers in the cohort | 254 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,000 |
| Middle income | $3,500 |
| High income | $3,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,500 |
| Continuing-generation students | $3,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $4,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Reedley 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.
Important to Remember
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.