by our College Data Analytics TeamHere you will find what students actually borrow to attend Carrington College-Boise, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Carrington College, Boise, 84% of incoming undergraduates borrow in year one, for an average of $8,200 each — a figure that counts both private and federal student loans.
The average federal loan is $7,508. 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.
Looking at all undergraduates at Carrington College, Boise, freshmen included, 72% use federal student loans to help pay for their education, borrowing on average $6,537 a year. This works out to 12.9% less than the first-year federal average of $7,508.
Repeating that yearly amount projects to about $13,074 over two years and about $26,148 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 72% |
| Average federal loan per year | $6,537 |
| Undergraduates with a federal loan | 530 |
| Total federal loans (one year) | $3,464,694 |
The middle borrower at Carrington College, Boise owes $12,094 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,094 |
| Students who completed (graduates) | $15,188 |
| Students who withdrew | $4,751 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Carrington College, Boise.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,650 |
| 25th percentile | $8,118 |
| 75th percentile | $17,790 |
| 90th percentile (highest-debt students) | $27,688 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Carrington College, Boise.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Carrington College, Boise.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 174 | $10,685 |
| Completed (graduates) | 145 | $11,255 |
| Did not complete | 29 | $6,735 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $133.83/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Carrington College, Boise.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 157 | — |
| No Stafford loan this year | 17 | — |
The indicators below describe what the typical debt costs to pay back at Carrington College, Boise.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Carrington College, Boise appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.5% |
| Borrowers in the cohort | 599 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,716 |
| Middle income | $14,167 |
| High income | $15,908 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,542 |
| Continuing-generation students | $15,908 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,601 |
| Independent students | $15,188 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Carrington College, Boise.
The Difference Between 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.
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.