by our College Data Analytics TeamBelow is federal data on the loans students use to pay for The University of Findlay: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at Findlay, 75% of incoming students take out a loan to help cover first-year costs, borrowing on average $10,155 per borrower, covering both private and federal loans.
The average federal loan is $5,162, equal to roughly 93.9% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Findlay, freshmen included, 60% take out federal student loans, at an average of $7,349 annually. This is 42.4% more than the $5,162 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $14,698 in two years and roughly $29,396 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 60% |
| Average federal loan per year | $7,349 |
| Undergraduates with a federal loan | 1,386 |
| Total federal loans (one year) | $10,185,576 |
The median student at Findlay borrows $19,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,500 |
| Students who completed (graduates) | $25,439 |
| Students who withdrew | $6,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Findlay.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $7,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Findlay.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Findlay.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 560 | $25,564 |
| Completed (graduates) | 318 | $30,702 |
| Did not complete | 242 | $20,000 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $365.08/mo.
Federal data lets us separate Stafford borrowers from the rest at Findlay.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 493 | $27,700 |
| No Stafford loan this year | 67 | $16,513 |
The indicators below describe what the typical debt costs to pay back at Findlay.
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 Findlay follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.8% |
| Borrowers in the cohort | 1007 |
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 | $15,331 |
| Middle income | $19,000 |
| High income | $20,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $20,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $13,658 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Findlay.
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?
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.