by our College Data Analytics TeamThis page focuses on the debt students take on to attend Florida Career College-Miami, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Graduating and withdrawing students at Florida Career College - Miami carry a median federal debt of $9,365 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,365 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,474 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Florida Career College - Miami.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,589 |
| 25th percentile | $4,572 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,824 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Florida Career College - Miami.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Florida Career College - Miami.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1476 | $8,267 |
| Completed (graduates) | 995 | $9,141 |
| Did not complete | 481 | $4,571 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $108.7/mo.
Federal data lets us separate Stafford borrowers from the rest at Florida Career College - Miami.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1350 | $8,394 |
| No Stafford loan | 126 | $2,140 |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1320 | $8,469 |
| No Stafford loan this year | 156 | $2,495 |
These figures turn the debt totals into a monthly repayment picture for Florida Career College - Miami.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Florida Career College - Miami follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.1% |
| Borrowers in the cohort | 4815 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,365 |
| Middle income | $9,365 |
| High income | $9,155 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,365 |
| Continuing-generation students | $9,365 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Florida Career College - Miami.
The Difference Between 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
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.