by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Robeson Community College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Robeson Community College specifically, 0% of incoming students take out a loan to help cover first-year costs.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
The median student at Robeson Community College borrows $9,250 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,250 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Robeson Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,000 |
| 75th percentile | $10,500 |
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Robeson Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 41 | $10,000 |
These figures turn the debt totals into a monthly repayment picture for Robeson Community College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Robeson Community College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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.
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.