by our College Data Analytics TeamHere you will find what students actually borrow to attend Dawn Career Institute LLC— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Dawn Career Institute, 70% of incoming students take out a loan to help cover first-year costs, at roughly $6,564 per borrower, covering both private and federal loans.
The average federal loan is $6,564. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at Dawn Career Institute (freshmen included), 67% borrow through federal student loan programs, for a typical $6,228 annually. This works out to 5.1% lower than the $6,564 freshmen take on.
Carrying that yearly figure forward comes to roughly $12,456 across two years and $24,912 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 67% |
| Average federal loan per year | $6,228 |
| Undergraduates with a federal loan | 339 |
| Total federal loans (one year) | $2,111,411 |
The median student at Dawn Career Institute borrows $9,298 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,298 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $3,721 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Dawn Career Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,274 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Dawn Career Institute.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Dawn Career Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 79 | $5,240 |
| Completed (graduates) | 56 | $6,020 |
| Did not complete | 23 | $3,687 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $71.58/mo.
The indicators below describe what the typical debt costs to pay back at Dawn Career Institute.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Dawn Career Institute follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.7% |
| Borrowers in the cohort | 503 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,332 |
| Middle income | $8,734 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,285 |
| Continuing-generation students | $9,484 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,302 |
| Independent students | $9,433 |
Federal data publishes the following gap measures for Dawn Career Institute.
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
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.