by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Stonehill College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Stonehill, 72% of incoming undergraduates borrow in year one, borrowing on average $9,273 per borrower, covering both private and federal loans.
On the federal side, the average loan is $5,425, representing 98.6% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Among all degree-seeking undergrads at Stonehill, 63% finance part of their studies with federal loans, with a mean of $6,213 a year. This works out to 14.5% more than the $5,425 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $12,426 over two years and about $24,852 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 63% |
| Average federal loan per year | $6,213 |
| Undergraduates with a federal loan | 1,588 |
| Total federal loans (one year) | $9,866,629 |
Graduating and withdrawing students at Stonehill carry a median federal debt of $23,472 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $23,472 |
| Students who completed (graduates) | $25,000 |
| Students who withdrew | $6,805 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Stonehill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $16,588 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $27,000 |
How wide this percentile range is tells you how much borrowing varies across students at Stonehill.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Stonehill.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 246 | $47,042 |
| Completed (graduates) | 197 | $58,576 |
| Did not complete | 49 | $19,942 |
On a standard 10-year plan, the median completing borrower would pay about $696.53/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Stonehill.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 234 | — |
| No Stafford loan this year | 12 | — |
These figures turn the debt totals into a monthly repayment picture for Stonehill.
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 Stonehill follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0.8% |
| Borrowers in the cohort | 485 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $24,648 |
| Middle income | $22,611 |
| High income | $23,251 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,861 |
| Continuing-generation students | $23,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Stonehill.
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.
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.