by our College Data Analytics TeamThis page focuses on the debt students take on to attend Vernon College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Vernon Regional Junior College, 41% of freshmen borrow to help pay for their first year, averaging $4,679 each — a figure that counts both private and federal student loans.
The average federally funded loan is $4,679, equal to roughly 85.1% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Among all degree-seeking undergrads at Vernon Regional Junior College, 39% rely on federal student loans toward their education, averaging $5,780 per year. It comes to 23.5% above the $4,679 typical freshmen borrow.
At a steady annual pace, that totals around $11,560 in two years and roughly $23,120 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 | 39% |
| Average federal loan per year | $5,780 |
| Undergraduates with a federal loan | 639 |
| Total federal loans (one year) | $3,693,480 |
Graduating and withdrawing students at Vernon Regional Junior College carry a median federal debt of $7,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,000 |
| Students who completed (graduates) | $11,000 |
| Students who withdrew | $5,463 |
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 Vernon Regional Junior College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,360 |
| 75th percentile | $11,357 |
| 90th percentile (highest-debt students) | $20,091 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Vernon Regional Junior 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 Vernon Regional Junior College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 125 | $8,452 |
| Completed (graduates) | 26 | $8,670 |
| Did not complete | 99 | $8,220 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $103.1/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Vernon Regional Junior College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 59 | $5,913 |
| No Stafford loan this year | 66 | $13,503 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Vernon Regional Junior 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 official Department of Education two-year default rate for Vernon Regional Junior College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.2% |
| Borrowers in the cohort | 516 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,136 |
| Middle income | $5,909 |
| High income | $7,672 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,975 |
| Continuing-generation students | $7,103 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,334 |
Federal data publishes the following gap measures for Vernon Regional Junior College.
The Difference Between 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.