by our College Data Analytics TeamThis page focuses on the debt students take on to attend Wright State University-Main Campus— 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 Wright State University - Main Campus, 53% of incoming students take out a loan to help cover first-year costs, borrowing on average $6,420 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $5,188, amounting to 94.3% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Wright State University - Main Campus, 46% borrow through federal student loan programs, borrowing on average $6,653 a year. That amounts to 28.2% above the $5,188 borrowed by freshmen.
Repeating that yearly amount projects to about $13,306 across two years and $26,612 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 46% |
| Average federal loan per year | $6,653 |
| Undergraduates with a federal loan | 2,927 |
| Total federal loans (one year) | $19,472,361 |
Graduating and withdrawing students at Wright State University - Main Campus carry a median federal debt of $15,854 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,854 |
| Students who completed (graduates) | $22,750 |
| Students who withdrew | $8,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Wright State University - Main Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $5,500 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $38,730 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Wright State University - Main Campus.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Wright State University - Main Campus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1370 | $12,699 |
| Completed (graduates) | 784 | $14,381 |
| Did not complete | 586 | $10,827 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $171.01/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Wright State University - Main Campus.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1355 | — |
| No Stafford loan | 15 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1168 | $12,063 |
| No Stafford loan this year | 202 | $15,178 |
These figures turn the debt totals into a monthly repayment picture for Wright State University - Main Campus.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Wright State University - Main Campus follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.5% |
| Borrowers in the cohort | 4689 |
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 | $17,500 |
| Middle income | $14,800 |
| High income | $15,612 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,395 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $20,832 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Wright State University - Main Campus.
Subsidized and 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.
Did You Know?
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.