Student loan record

Student loans at United States Merchant Marine Academy: who borrows, and who pays it back

6% of students borrow federal loans. The typical repayment is $94 a month.

What the repayment figure means

Repayment figures are not published for this institution.

The Department of Education stopped publishing default rates — every institution now reports zero — so the honest measure left is the declining-balance rate: the share of borrowers whose balance is lower three years after they left than the day they started repaying. A borrower can be in good standing and still owe more than they started with, through interest on a paused or income-driven plan; this figure counts only those actually reducing the debt.

Paying it downnot published3 years after leaving
Students who borrow6%federal loans
Median debt$8,833at graduation
Monthly repayment$94standard plan

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Student loans at United States Merchant Marine Academy: common questions

Do students at United States Merchant Marine Academy repay their loans?
Not published for this institution.
How many students at United States Merchant Marine Academy take out loans?
6% of students take federal loans, and 8% receive a Pell grant, which does not have to be repaid.
What is the monthly student loan payment after United States Merchant Marine Academy?
About $94 a month on the median debt, on the standard federal plan. Against median graduate earnings of $90,610 that is roughly 1% of gross monthly pay.
Should I borrow to study here?
That depends on the gap between the price and the aid you are offered — not on this page alone. Read it with the net price by income and the graduate earnings: a large loan is reasonable against strong earnings and hard to justify without them.
What United States Merchant Marine Academy costs Debt vs graduate salary Best repayment records Compare student loans United States Merchant Marine Academy profile

Source: US Department of Education College Scorecard — federal loan take-up, Pell share, median debt and the three-year declining-balance repayment rate. Information only, not financial advice.