by our College Data Analytics TeamThis page focuses on the debt students take on to attend Southeastern Community College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At Southeastern Community College specifically, 29% of first-year students take on loan debt, averaging $4,591 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $4,468, which is 81.2% of the typical first-year dependent student borrowing cap of $5,500. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Southeastern Community College, 34% finance part of their studies with federal loans, for a typical $5,642 in federal loans per year. It comes to 26.3% more than the $4,468 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $11,284 in two years and roughly $22,568 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 34% |
| Average federal loan per year | $5,642 |
| Undergraduates with a federal loan | 523 |
| Total federal loans (one year) | $2,950,520 |
The median student at Southeastern Community College borrows $7,398 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,398 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Southeastern Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,520 |
| 25th percentile | $2,750 |
| 75th percentile | $11,750 |
| 90th percentile (highest-debt students) | $20,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Southeastern Community College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Southeastern Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 97 | $8,000 |
| Completed (graduates) | 26 | $7,405 |
| Did not complete | 71 | $9,800 |
On a standard 10-year plan, the median completing borrower would pay about $88.05/mo.
Federal data lets us separate Stafford borrowers from the rest at Southeastern Community College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 56 | $7,111 |
| No Stafford loan this year | 41 | $10,708 |
The indicators below describe what the typical debt costs to pay back at Southeastern Community 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 Southeastern Community College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.3% |
| Borrowers in the cohort | 914 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $8,966 |
| Middle income | $6,500 |
| High income | $6,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,929 |
| Continuing-generation students | $6,664 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $11,394 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Southeastern Community College.
The Difference Between Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.