by our College Data Analytics TeamHere you will find what students actually borrow to attend Taylor University— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Taylor U, 38% of freshmen borrow to help pay for their first year, with a typical loan of $7,562 per student, private and federal loans combined.
On the federal side, the average loan is $4,953, representing 90.1% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Taylor U (freshmen included), 37% borrow through federal student loan programs, at an average of $5,879 per year. That is 18.7% above the $4,953 freshmen take on.
Repeating that yearly amount projects to about $11,758 across two years and $23,516 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 37% |
| Average federal loan per year | $5,879 |
| Undergraduates with a federal loan | 690 |
| Total federal loans (one year) | $4,056,722 |
The median student at Taylor U borrows $15,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,500 |
| Students who completed (graduates) | $20,500 |
| Students who withdrew | $8,250 |
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 Taylor U.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,885 |
| 25th percentile | $7,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $29,000 |
How wide this percentile range is tells you how much borrowing varies across students at Taylor U.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Taylor U.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 374 | $27,183 |
| Completed (graduates) | 172 | $45,174 |
| Did not complete | 202 | $20,000 |
On a standard 10-year plan, the median completing borrower would pay about $537.17/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Taylor U.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 282 | $30,340 |
| No Stafford loan this year | 92 | $20,250 |
These figures turn the debt totals into a monthly repayment picture for Taylor U.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Taylor U follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.0% |
| Borrowers in the cohort | 460 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $12,781 |
| Middle income | $14,983 |
| High income | $17,009 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,792 |
| Continuing-generation students | $15,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,500 |
| Independent students | $8,160 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Taylor U.
Subsidized vs. Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Important to Remember
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.