by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Zane State 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 Zane State College, 21% of new students use loans toward freshman-year expenses, at roughly $3,209 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $3,143, representing 57.1% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Zane State College, 25% finance part of their studies with federal loans, borrowing on average $2,951 per year. That amounts to 6.1% smaller than the $3,143 borrowed by freshmen.
At a steady annual pace, that totals around $5,902 across two years and $11,804 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 25% |
| Average federal loan per year | $2,951 |
| Undergraduates with a federal loan | 182 |
| Total federal loans (one year) | $537,136 |
Graduating and withdrawing students at Zane State College carry a median federal debt of $3,995 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,995 |
| Students who completed (graduates) | $6,834 |
| Students who withdrew | $2,913 |
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 Zane State College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,168 |
| 25th percentile | $2,334 |
| 75th percentile | $11,500 |
| 90th percentile (highest-debt students) | $19,668 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Zane State College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Zane State College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 126 | $7,556 |
| Completed (graduates) | 32 | $7,478 |
| Did not complete | 94 | $7,556 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $88.92/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 Zane State College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 78 | $6,923 |
| No Stafford loan this year | 48 | $9,777 |
The indicators below describe what the typical debt costs to pay back at Zane State College.
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 Zane State College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.8% |
| Borrowers in the cohort | 1116 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $3,500 |
| Middle income | $4,084 |
| High income | $4,668 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,852 |
| Continuing-generation students | $4,405 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,084 |
| Independent students | $3,801 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Zane State College.
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.