by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Collectiv Academy: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Collectiv Academy, 69% of freshmen borrow to help pay for their first year, averaging $8,744 per borrower, covering both private and federal loans.
On the federal side, the average loan is $8,744. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Collectiv Academy, 66% rely on federal student loans toward their education, for a typical $8,093 per year. That is 7.4% below the $8,744 typical freshmen borrow.
At a steady annual pace, that totals around $16,186 after two years and $32,372 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 66% |
| Average federal loan per year | $8,093 |
| Undergraduates with a federal loan | 85 |
| Total federal loans (one year) | $687,893 |
The middle borrower at Collectiv Academy owes $9,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,000 |
| Students who completed (graduates) | $10,540 |
These figures turn the debt totals into a monthly repayment picture for Collectiv Academy.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Collectiv Academy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.3% |
| Borrowers in the cohort | 17 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,400 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,964 |
| Independent students | $9,700 |
Federal data publishes the following gap measures for Collectiv Academy.
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?
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.