by our College Data Analytics TeamThis page focuses on the debt students take on to attend State University of New York at Plattsburgh, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at SUNY Plattsburgh, 66% of incoming undergraduates borrow in year one, averaging $7,247 per borrower, covering both private and federal loans.
The average federally funded loan is $5,290, which is 96.2% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. 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 SUNY Plattsburgh, 58% take out federal student loans, for a typical $6,668 in federal loans per year. This works out to 26.0% above the $5,290 freshmen take on.
At a steady annual pace, that totals around $13,336 after two years and $26,672 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 | 58% |
| Average federal loan per year | $6,668 |
| Undergraduates with a federal loan | 2,192 |
| Total federal loans (one year) | $14,616,356 |
Graduating and withdrawing students at SUNY Plattsburgh carry a median federal debt of $15,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,000 |
| Students who completed (graduates) | $21,196 |
| Students who withdrew | $9,250 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for SUNY Plattsburgh.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,232 |
| 25th percentile | $8,250 |
| 75th percentile | $26,062 |
| 90th percentile (highest-debt students) | $31,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at SUNY Plattsburgh.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for SUNY Plattsburgh.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 729 | $16,685 |
| Completed (graduates) | 343 | $19,010 |
| Did not complete | 386 | $14,497 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $226.05/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at SUNY Plattsburgh.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 572 | $16,500 |
| No Stafford loan this year | 157 | $18,100 |
The indicators below describe what the typical debt costs to pay back at SUNY Plattsburgh.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for SUNY Plattsburgh is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.8% |
| Borrowers in the cohort | 1614 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,049 |
| Middle income | $15,000 |
| High income | $15,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $15,750 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,189 |
| Independent students | $14,088 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at SUNY Plattsburgh.
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.
Did You Know?
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.