by our College Data Analytics TeamHere you will find what students actually borrow to attend Stevenson University: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Stevenson specifically, 83% of incoming students take out a loan to help cover first-year costs, averaging $7,819 per student, private and federal loans combined.
The average federally funded loan is $5,574. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Stevenson, 70% borrow through federal student loan programs, at an average of $6,862 per year. That is 23.1% larger than the first-year federal average of $5,574.
Borrowing at that rate every year works out to about $13,724 across two years and $27,448 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 70% |
| Average federal loan per year | $6,862 |
| Undergraduates with a federal loan | 2,113 |
| Total federal loans (one year) | $14,499,353 |
Graduating and withdrawing students at Stevenson carry a median federal debt of $21,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $21,500 |
| Students who completed (graduates) | $26,000 |
| Students who withdrew | $8,250 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Stevenson.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,375 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,029 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Stevenson.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Stevenson.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 879 | $37,505 |
| Completed (graduates) | 601 | $52,117 |
| Did not complete | 278 | $24,953 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $619.73/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Stevenson.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 834 | $38,584 |
| No Stafford loan | 45 | $29,266 |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 773 | $40,865 |
| No Stafford loan this year | 106 | $27,357 |
These figures turn the debt totals into a monthly repayment picture for Stevenson.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Stevenson appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.5% |
| Borrowers in the cohort | 790 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $20,500 |
| Middle income | $21,500 |
| High income | $22,400 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,181 |
| Continuing-generation students | $21,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,250 |
| Independent students | $19,275 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Stevenson.
The Difference Between Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Important to Remember
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.