by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Cortiva Institute, Cromwell— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Cortiva Institute, 54% of freshmen borrow to help pay for their first year, averaging $5,696 per student, private and federal loans combined.
The average federal loan is $5,696. This reaches or tops the $5,500 first-year federal borrowing cap 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.
Across the full undergraduate body at Cortiva Institute (freshmen included), 63% rely on federal student loans toward their education, at an average of $5,592 annually. That is 1.8% under the $5,696 borrowed by freshmen.
Repeating that yearly amount projects to about $11,184 over two years and about $22,368 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 63% |
| Average federal loan per year | $5,592 |
| Undergraduates with a federal loan | 247 |
| Total federal loans (one year) | $1,381,260 |
The median student at Cortiva Institute borrows $11,259 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,259 |
| Students who completed (graduates) | $11,259 |
| Students who withdrew | $4,753 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Cortiva Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,800 |
| 25th percentile | $4,400 |
| 75th percentile | $7,600 |
| 90th percentile (highest-debt students) | $7,600 |
How wide this percentile range is tells you how much borrowing varies across students at Cortiva Institute.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Cortiva Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 20 | $11,374 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Cortiva Institute.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Cortiva Institute follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.7% |
| Borrowers in the cohort | 423 |
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 | $11,259 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,234 |
| Independent students | $11,259 |
Federal data publishes the following gap measures for Cortiva Institute.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Important to Remember
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.