by our College Data Analytics TeamHere you will find what students actually borrow to attend Rose-Hulman Institute of Technology, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Rose - Hulman Institute of Technology, 47% of incoming undergraduates borrow in year one, with a typical loan of $13,849 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $5,254, or about 95.5% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at Rose - Hulman Institute of Technology, freshmen included, 42% use federal student loans to help pay for their education, with a mean of $6,364 a year. It comes to 21.1% greater than the $5,254 typical freshmen borrow.
Repeating that yearly amount projects to about $12,728 over two years and about $25,456 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 | 42% |
| Average federal loan per year | $6,364 |
| Undergraduates with a federal loan | 926 |
| Total federal loans (one year) | $5,892,930 |
The middle borrower at Rose - Hulman Institute of Technology owes $21,751 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $21,751 |
| Students who completed (graduates) | $25,000 |
| Students who withdrew | $6,336 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Rose - Hulman Institute of Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $15,553 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $38,375 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Rose - Hulman Institute of Technology.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Rose - Hulman Institute of Technology.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 184 | $59,134 |
| Completed (graduates) | 134 | $71,022 |
| Did not complete | 50 | $31,624 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $844.53/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Rose - Hulman Institute of Technology.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Rose - Hulman Institute of Technology appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.2% |
| Borrowers in the cohort | 370 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $23,000 |
| Middle income | $24,500 |
| High income | $20,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,014 |
| Continuing-generation students | $21,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Rose - Hulman Institute of Technology.
Subsidized vs. 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?
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.