by our College Data Analytics TeamBelow is federal data on the loans students use to pay for University of Arkansas Hope-Texarkana, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
For incoming students at UA Hope-Texarkana, 1% of incoming students take out a loan to help cover first-year costs, at roughly $9,168 per borrower, covering both private and federal loans.
Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
Graduating and withdrawing students at UA Hope-Texarkana carry a median federal debt of $3,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,500 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for UA Hope-Texarkana.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $1,750 |
| 75th percentile | $3,500 |
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at UA Hope-Texarkana.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 47 | $9,874 |
The indicators below describe what the typical debt costs to pay back at UA Hope-Texarkana.
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 UA Hope-Texarkana is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 20.9% |
| Borrowers in the cohort | 81 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Subsidized and 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.
Worth Knowing
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.