by our College Data Analytics TeamHere you will find what students actually borrow to attend Rutgers University-Camden, 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 Rutgers Camden, 43% of incoming undergraduates borrow in year one, at roughly $9,115 each, across private and federal loan sources.
The average federally funded loan is $7,368. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Rutgers Camden, 48% finance part of their studies with federal loans, averaging $8,128 in federal loans per year. This is 10.3% above the freshman federal average of $7,368.
Borrowing at that rate every year works out to about $16,256 over two years and about $32,512 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $8,128 |
| Undergraduates with a federal loan | 1,843 |
| Total federal loans (one year) | $14,980,602 |
The middle borrower at Rutgers Camden owes $19,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,000 |
| Students who completed (graduates) | $21,500 |
| Students who withdrew | $10,500 |
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 Rutgers Camden.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,490 |
| 25th percentile | $10,044 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,000 |
How wide this percentile range is tells you how much borrowing varies across students at Rutgers Camden.
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 Rutgers Camden.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 5633 | $23,971 |
| Completed (graduates) | 3890 | $25,294 |
| Did not complete | 1743 | $20,622 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $300.77/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Rutgers Camden.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 5565 | $23,986 |
| No Stafford loan | 68 | $22,439 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 4751 | $23,600 |
| No Stafford loan this year | 882 | $25,935 |
The indicators below describe what the typical debt costs to pay back at Rutgers Camden.
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 Rutgers Camden follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.9% |
| Borrowers in the cohort | 10621 |
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 | $19,500 |
| Middle income | $19,500 |
| High income | $18,012 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $19,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,750 |
| Independent students | $21,916 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Rutgers Camden.
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
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.