by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Three Rivers College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Among first-year students at Three Rivers College, 10% of incoming undergraduates borrow in year one, with a typical loan of $4,650 per student, private and federal loans combined.
Federal loans alone average $4,650, amounting to 84.5% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Three Rivers College, freshmen included, 18% use federal student loans to help pay for their education, at an average of $5,905 a year. That is 27.0% more than the freshman federal average of $4,650.
Carrying that yearly figure forward comes to roughly $11,810 in two years and roughly $23,620 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 18% |
| Average federal loan per year | $5,905 |
| Undergraduates with a federal loan | 338 |
| Total federal loans (one year) | $1,995,965 |
The median student at Three Rivers College borrows $7,061 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,061 |
| Students who completed (graduates) | $10,000 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Three Rivers College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,500 |
| 75th percentile | $15,750 |
| 90th percentile (highest-debt students) | $26,334 |
How wide this percentile range is tells you how much borrowing varies across students at Three Rivers College.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Three Rivers College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 89 | $7,500 |
| Completed (graduates) | 28 | $6,850 |
| Did not complete | 61 | $9,785 |
On a standard 10-year plan, the median completing borrower would pay about $81.45/mo.
Federal data lets us separate Stafford borrowers from the rest at Three Rivers College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 19 | $9,785 |
| No Stafford loan this year | 70 | $7,317 |
The indicators below describe what the typical debt costs to pay back at Three Rivers College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Three Rivers College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.5% |
| Borrowers in the cohort | 574 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,000 |
| Middle income | $6,750 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,093 |
| Continuing-generation students | $7,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,341 |
Federal data publishes the following gap measures for Three Rivers College.
Subsidized vs. 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.
Worth Knowing
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.