by our College Data Analytics TeamThis page focuses on the debt students take on to attend Southwest Baptist University, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
For incoming students at Southwest Baptist University, 61% of incoming undergraduates borrow in year one, borrowing on average $7,586 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $6,330. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at Southwest Baptist University, 61% rely on federal student loans toward their education, at an average of $7,364 a year. That is 16.3% above the $6,330 typical freshmen borrow.
Borrowing at that rate every year works out to about $14,728 across two years and $29,456 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 | 61% |
| Average federal loan per year | $7,364 |
| Undergraduates with a federal loan | 817 |
| Total federal loans (one year) | $6,016,123 |
The median student at Southwest Baptist University borrows $14,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $14,000 |
| Students who completed (graduates) | $20,957 |
| Students who withdrew | $7,444 |
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 Southwest Baptist University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,428 |
| 25th percentile | $5,739 |
| 75th percentile | $25,020 |
| 90th percentile (highest-debt students) | $34,125 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Southwest Baptist University.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Southwest Baptist University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 310 | $11,919 |
| Completed (graduates) | 193 | $17,747 |
| Did not complete | 117 | $9,263 |
On a standard 10-year plan, the median completing borrower would pay about $211.03/mo.
Federal data lets us separate Stafford borrowers from the rest at Southwest Baptist University.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 267 | $11,880 |
| No Stafford loan this year | 43 | $12,020 |
The indicators below describe what the typical debt costs to pay back at Southwest Baptist University.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Southwest Baptist University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.4% |
| Borrowers in the cohort | 937 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,518 |
| Middle income | $13,982 |
| High income | $14,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,000 |
| Continuing-generation students | $14,300 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,829 |
| Independent students | $17,466 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Southwest Baptist University.
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
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.