by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Southern Worcester County Regional Voc School District: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Southern Worcester County Regional Voc School District, 25% of new students use loans toward freshman-year expenses, for an average of $7,406 each, across private and federal loan sources.
Federal loans alone average $3,860, which is 70.2% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Southern Worcester County Regional Voc School District, 45% use federal student loans to help pay for their education, borrowing on average $7,326 in federal loans per year. This works out to 89.8% above the $3,860 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $14,652 across two years and $29,304 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 45% |
| Average federal loan per year | $7,326 |
| Undergraduates with a federal loan | 18 |
| Total federal loans (one year) | $131,859 |
Graduating and withdrawing students at Southern Worcester County Regional Voc School District carry a median federal debt of $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Southern Worcester County Regional Voc School District.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
These figures turn the debt totals into a monthly repayment picture for Southern Worcester County Regional Voc School District.
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 Southern Worcester County Regional Voc School District is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 8 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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.
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.