by our College Data Analytics TeamHere you will find what students actually borrow to attend South Baylo University, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
The middle borrower at South Baylo University owes $14,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $14,000 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for South Baylo University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $9,000 |
| 75th percentile | $21,000 |
The indicators below describe what the typical debt costs to pay back at South Baylo University.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for South Baylo University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.8% |
| Borrowers in the cohort | 76 |
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.
Worth Knowing
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.