by our College Data Analytics TeamThis page focuses on the debt students take on to attend University of Mobile, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at University of Mobile, 39% of freshmen borrow to help pay for their first year, for an average of $6,625 per borrower, covering both private and federal loans.
The average federal loan is $5,582. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at University of Mobile, 52% finance part of their studies with federal loans, averaging $6,913 per year. That is 23.8% above the $5,582 typical freshmen borrow.
At a steady annual pace, that totals around $13,826 after two years and $27,652 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 52% |
| Average federal loan per year | $6,913 |
| Undergraduates with a federal loan | 613 |
| Total federal loans (one year) | $4,237,444 |
The median student at University of Mobile borrows $19,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,000 |
| Students who completed (graduates) | $26,500 |
| Students who withdrew | $9,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at University of Mobile.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $6,500 |
| 75th percentile | $28,092 |
| 90th percentile (highest-debt students) | $41,352 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at University of Mobile.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at University of Mobile.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 265 | $20,860 |
| Completed (graduates) | 119 | $26,500 |
| Did not complete | 146 | $16,675 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $315.11/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at University of Mobile.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 250 | — |
| No Stafford loan this year | 15 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. University of Mobile.
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 University of Mobile appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.4% |
| Borrowers in the cohort | 532 |
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 | $22,223 |
| Middle income | $18,750 |
| High income | $14,300 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,940 |
| Continuing-generation students | $16,357 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,250 |
| Independent students | $25,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at University of Mobile.
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.
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.