by our College Data Analytics TeamHere you will find what students actually borrow to attend The University of Texas Permian Basin, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at UT Permian Basin, 22% of freshmen borrow to help pay for their first year, averaging $5,566 per student, private and federal loans combined.
The average federal loan is $5,002, equal to roughly 90.9% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at UT Permian Basin, 33% finance part of their studies with federal loans, averaging $838 each per year. This is 83.2% below the $5,002 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $1,676 after two years and $3,352 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 33% |
| Average federal loan per year | $838 |
| Undergraduates with a federal loan | 1,330 |
| Total federal loans (one year) | $1,114,144 |
The median student at UT Permian Basin borrows $12,285 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,285 |
| Students who completed (graduates) | $17,750 |
| Students who withdrew | $7,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for UT Permian Basin.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,100 |
| 25th percentile | $4,150 |
| 75th percentile | $16,670 |
| 90th percentile (highest-debt students) | $24,309 |
How wide this percentile range is tells you how much borrowing varies across students at UT Permian Basin.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at UT Permian Basin.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 353 | $12,000 |
| Completed (graduates) | 125 | $13,000 |
| Did not complete | 228 | $11,864 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $154.58/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at UT Permian Basin.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 343 | — |
| No Stafford loan | 10 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 227 | $12,000 |
| No Stafford loan this year | 126 | $12,084 |
These figures turn the debt totals into a monthly repayment picture for UT Permian Basin.
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 UT Permian Basin follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.6% |
| Borrowers in the cohort | 817 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $11,501 |
| Middle income | $12,750 |
| High income | $11,746 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,285 |
| Continuing-generation students | $12,343 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,000 |
| Independent students | $13,555 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at UT Permian Basin.
Subsidized vs. 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.